MultiversX Tracker is Live!

Stupid Question: Why do some cryptos move together?

All Cryptocurrencies

by COINS NEWS 77 Views

I remember back in 2017 & 2018, there was a saying that when BTC pumped, the rest of the alts bled out and vise versa, but now it seems like some of the charts looks exactly the same, especially ETH & BTC. Why is that? Whales controlling the market? ETFs that have BTC & ETH linked? I'm trading futures on BTC right now and I'm just wondering what caused the change, and when did it happen? Probably a dumb question but I'm curious. I used to exchange between a few alts and BTC when the market moved to gain more (didn't always work out) but now it seem impossible, at least with ETH & BTC.

submitted by /u/N__E
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments