Re: Why did so many cryptocurrencies crash the last week?
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 4060% usually). So when Bitcoin goes down, most coins go down with it???
Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 4060% usually). So when Bitcoin goes down, most coins go down with it???
Indeed, during the fall of bitcoin, many coins also fall. But absolutely not all. Rather, it is due to the fact that coins are bought with coins and vice versa. And after that, they prefer Fiat for bitcoins and some coins. But I'm afraid I will not continue this way, because the technology requires a change. In terms of performance, speed, reliability, etc. For example, the Kelvin Blockchain project is based on quantum technologies, thereby providing a unique, innovative opportunity. This is a new stage of development.