Post
Topic
Board Economics
Re: Why do most cryptocurrencies rise and fall together?
by
Rahman11
on 26/02/2022, 12:20:32 UTC
Altcoins follow Bitcoin closely but there are times where altcoins make big gains against bitcoin as capital flows towards them once Bitcoin has finished its run up higher. When Bitcoin drops people convert their altcoins to btc before being able to convert to usdt. The same is true when people want to buy altcoins.