From the very beginning of the cryptocurrency, all tokens follow the movements of Bitcoin, and this is called correlation, and this is due to the fact that the share of Bitcoin in the market is very large. Is it possible ...Read more
From the very beginning of the cryptocurrency, all tokens follow the movements of Bitcoin, and this is called correlation, and this is due to the fact that the share of Bitcoin in the market is very large. Is it possible that this will one day end and other altcoins will move independently of Bitcoin?
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I don't think it'll end soon, Bitcoin is probably the pioneer and the coin that basically opens the crypto space and all of the opportunities that comes with it, hence may coins will always piggy back on it for their potential growth. Only stable coins like the USDT and the USDC that can not be inflRead more
I don’t think it’ll end soon, Bitcoin is probably the pioneer and the coin that basically opens the crypto space and all of the opportunities that comes with it, hence may coins will always piggy back on it for their potential growth.
Only stable coins like the USDT and the USDC that can not be influenced by the Bitcoin but apart from these majority of coins will keep mimicking Bitcoin.
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