Observing the cryptocurrency market, we found that although most cryptocurrencies have price differences, most of them will fluctuate with the price trend of Bitcoin. When the price of Bitcoin increases, most other cryptocurrencies will also increase, and vice versa.
Is this trend due to large accounts operating on multiple exchanges or countless retail investors carrying price differences? Or is it caused by other operations?
All matters with the demand and volatility would always be that in common and also talking with trends then it is likely that majority of coins will really correlate with Bitcoins trend which does simply means that
whenever bitcoin is on bullish or bearish then they do tend to get pulled off with that one and would follow.Although not all the time but as we do observed on this market then it is mostly been happening.
Thing here as a crypto investor then you should know on how to ride off with these waves for you to make money.