Hi
And the same thing happens this weekend.Bitcoin
Is going down and xaurum hit the bottom.how deep
Can we go.we are now on 0, 09208 usd.When bitcoin will
Rise up, xaurum will follow very slowly if will.But when is going down it goes immidiatly.
Can you explain this to us or me.
Br
My interpretation of the situation is this:
All cryptocurrencies are traded with BTC, when BTC drops against USD, so does alt-coins drop against USD. When BTC is going up against USD, that means money is pouring into BTC and daily traders/bots sell XAUR so they profit on uprising BTC trend. When the BTC trend ends, they buy XAUR once again.