Post
Topic
Board Speculation (Altcoins)
Re: Why did so many cryptocurrencies crash the last week?
by
mobilezz
on 06/04/2018, 05:42:30 UTC
Did you think  Cryptocurrencies are going through a healthy market correction after a historic bull trend or
Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 40–60% usually). So when Bitcoin goes down, most coins go down with it??? Wink
All alts are now dependent on bitcoin, on the one hand it's good that bitcoin can filter out unreliable coins in this way, on the other hand it's bad that no one can even catch up with it and become more valuable.