Post
Topic
Board Speculation (Altcoins)
Re: How the cryptomarket works?
by
ProofOfLambo
on 15/02/2018, 00:12:06 UTC
Can anyone here explain me how the cryptomarket works? I have been following the coinmarketcap for months and one thing I observe is when one coin move up almost all coins moves up. Is that a normal thing in crypto? Are coins are dependent to all coins unlike in stock market where one stock is totally independent to others.

What you're talking about is the correlation between the price of Bitcoin color as the dominant force in the market, due to the pairing with all the outs in the exchanges however that doesn't mean that that should be working in the same manner the following year.