What's new

Will Bitcoin and other coins' correlation end?

deucher

Chipi Chipi Chapa Chapa
Valued Contributor
1000 Posts Club
Mar 19, 2023
1,537
37
USD
$0.0000USD
Biznotes
1,280
Since the inception of cryptocurrencies, all tokens have tracked the movements of Bitcoin. This phenomenon, known as correlation, is brought about by the substantial market share of Bitcoin. Is it possible that other cryptocurrencies may move independently of Bitcoin at some point in the future?
 
No, never. Bitcoin guides the entire crypto market. If bitcoin gains value rest of the coins will also gain value and if bitcoin loses value rest of the coins will also lose value. I do not see this kind of co relation ending any time soon.
 

Newest Directory Listings

Shortie
Forums
Clicks
29
Views
89
Comments
1
WWE Hub is a discussion forum for all things wrestling! Share and chat with other wrestling fans throughout the world!
momode
Forums
Clicks
12
Views
53
ABCProxy is cost-effective, ethical residential proxies network!
coderway
Forums
Clicks
11
Views
60
AI digital artwork generator
Back
Top