Cryptocurrency Q&A
Why do altcoins follow BTC?
Why do altcoins follow BTC?
Fri Jan 10 2025
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5 answers
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I've noticed that whenever Bitcoin experiences a significant price movement, most altcoins seem to follow the same trend. I'm curious to understand the reason behind this correlation. Why do altcoins tend to mimic BTC's price actions?
5 answers
Sun Jan 12 2025
What altcoins tend to mirror the movements of Bitcoin? The answer lies in Bitcoin's role as the benchmark cryptocurrency.
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Sat Jan 11 2025
Its status as the leading digital asset means that its price fluctuations often dictate the market sentiment.
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Sat Jan 11 2025
Litecoin, for instance, exhibits trends that closely resemble Bitcoin's. When Bitcoin rises, Litecoin typically follows suit.
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Sat Jan 11 2025
Ether, another prominent altcoin, also shows a correlation with Bitcoin's price action. Investors often treat it similarly to Bitcoin.
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Sat Jan 11 2025
Dogecoin, despite its humorous origins, has also adopted a price trajectory that aligns with Bitcoin's movements.
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