why do altcoins follow bitcoin reddit

Last Updated on October 26, 2023 by Paganoto

Why does altcoins have to follow Bitcoin's every move? – Reddit

Contrary to popular belief, the value of altcoins is not measured by their value against the dollar. They are masured by their value against …

"Why do all of my coins follow BTC?" – an explanation – Reddit

Contrary to popular belief, the inherent value of cryptocurrencies is not primarily derived from USD or USDT, but rather BTC. 95% of cryptos …

Why Altcoins follow Bitcoin : r/CryptoCurrency – Reddit

The fundamental reason behind altcoins following Bitcoin is because altcoin prices are typically measured in Bitcoin, their trading pairs are …

Do the altcoins always follow bitcoin on the graph so closely?

Altcoins are primarily paired with BTC for trading. People shuffle money back and forth between altcoins and bitcoin, taking profit from one and …

Why Do Altcoins Follow Bitcoin? The Crypto Market … – Reddit

Altcoins follow Bitcoin for many reasons, including the historic availability of crypto trading pairs, Bitcoin acting as a market sentiment indicator and the …

Why do ALTs follow BTC : r/CryptoCurrency – Reddit

BTC is the Gold/first mover Crypto in the market, when it goes up, ALTS follow because most people are invested into Bitcoin and they invest in …

Why does everything follow BTC ? : r/BitcoinBeginners – Reddit

Yes plus BTC is used to buy altcoins on the exchanges. When altcoins are cashed out, its BTC that people get instead.

Why do crypto follow bitcoin? : r/algorand – Reddit

If you ask a BTC maxi they would tell you that it’s because Bitcoin is the only crypto that actually has value. Bitcoin is worth money, altcoins …

Why do so many make altcoin graphs follow BTC when it …

Buying Altcoins like ETC when BTC dumps is better then Selling them, but people are following Bitcoin!? Why?? So I’ve seen over a decade of …

Extracting Cryptocurrency Price Movements From the Reddit …

by S Wooley · Cited by 9 — a network of 24 Reddit communities related to Bitcoin, Ethereum, … amounts of training data, and would be computationally fast.

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.