Post
Topic
Board Economics
Re: Why do most cryptocurrencies rise and fall together?
by
petyang12
on 27/07/2021, 21:34:06 UTC
This is because the investors in other coin will also sell their coin when the price fall when the other investors also sell their coin. If they didn't sell their coin then they won't have the chance to sell their coin at the price before the fall. Who would've wanted to sell late than on time. Other cryptocurrency are made because of bitcoin so it is also the reason why most crypto also rise and fall together.