I have been in the cryptocurrency market for almost two months, I observed that when the market fell, the percentage of BTC always increased. The current percentage of BTC has accounted for more than half of the market. What does this mean? Can anyone give me an explanation, and why is BTC? not another Coin? Because in my opinion, BTC is affected by market volatility more than the Altcoin!
I did not pay attention to the stock market so I was more focused on the cryptocurrency market, meaning that if so when cryptocurrency is currently down then the stock market is going up?
People will not pay attention to that because they are more focused on observing BTC and obviously the percentage is increasing because there is a lot of market volatility there.