Post
Topic
Board Altcoin Discussion
Re: Why NOW there is so much correlation between MOST cryptos and BTC??
by
Jashhh
on 31/01/2018, 13:18:39 UTC
Amazing to see how lately some altcoins are green and high when almost everything is red.

Ofcourse sometimes really EVERYTHING goes down when BTC goes down, but i think it shows that people want to make use of the current cheap Bitcoin prices, so they sell altcoins that are on a high price now to have maximum profit and buy BTC because that's so cheap now.

It's the day-traders that cause this high correlation.