Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?
Despite the long term bullish trend, right now Bitcoin is not in a situation I would consider steady. Five percent drop is a high value for a multi-billion dollar marketcap. Regarding the altcoins drop, when Bitcoin falls in price many people sell their altcoins to buy Bitcoin.