Oh! I see...
so it would make sense to get coins that don't follow bitcoin's lead, then. Am I right, or am I oversimplifying it?
Topic: What happened? - page 5. (Read 646 times)
If bitcoin falls, like 90% of the time, almost all cryptocurrencies follow. The only ones that don't follow down are the ones who has heavy buyers in the first place.
Why is this the case? Because bitcoin still acts like sort of the "index" of the cryptocurrency markets; and that coin/BTC is still one of the most liquid trading pairs available on exchanges. even if coin/USD is slowly but surely catching up.
Why is this the case? Because bitcoin still acts like sort of the "index" of the cryptocurrency markets; and that coin/BTC is still one of the most liquid trading pairs available on exchanges. even if coin/USD is slowly but surely catching up.
Hello everybody, first time here.
I wasn't sure where to post this, please feel free to move it if I messed up.
Thing is, I'm yet to start my investment (maybe in the next few days). I've just finished a course by Chris Haroun on the subject.
So I've been keeping an eye on the prices of Bitcoin, Ethereum and Binance Coin for the past few days. As you all know, all three coins took a dive yesterday. What I just noticed is that all three fell about the same time (around 4 A.M. yesterday), and recovered also about the same time (24 hs. later, about 4 A.M. today).
Did anything happen, that would cause such a synchronized dip and recovery?
Thanks in advance.
I wasn't sure where to post this, please feel free to move it if I messed up.
Thing is, I'm yet to start my investment (maybe in the next few days). I've just finished a course by Chris Haroun on the subject.
So I've been keeping an eye on the prices of Bitcoin, Ethereum and Binance Coin for the past few days. As you all know, all three coins took a dive yesterday. What I just noticed is that all three fell about the same time (around 4 A.M. yesterday), and recovered also about the same time (24 hs. later, about 4 A.M. today).
Did anything happen, that would cause such a synchronized dip and recovery?
Thanks in advance.
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