Post
Topic
Board Altcoin Discussion
Re: Why altcoins are backed by Bitcoin?
by
elziw
on 24/05/2021, 15:06:21 UTC
Bitcoin accounts for 46% of the whole crypto market cap, as long as other crypto will increase their market cap we could either se a decorrelation between bitcoin and some altcoins or the correlation of return could be reinforced if bitcoin is chosen as a refuge asset.