Cryptocurrency Q&A Why does all crypto go up and down together?

Why does all crypto go up and down together?

isabella_taylor_activist isabella_taylor_activist Tue Jan 14 2025 | 7 answers 1266
I've noticed that whenever the price of one cryptocurrency goes up or down, others seem to follow the same trend. Why is this happening? Is there a specific reason why all cryptocurrencies tend to move in unison? Why does all crypto go up and down together?

7 answers

GeishaCharm GeishaCharm Thu Jan 16 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to this dynamic market. Their platform includes spot trading, futures trading, and a secure wallet, among others.

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MysticStorm MysticStorm Thu Jan 16 2025
For instance, traders often see trading pairs like ETH/BTC or SOL/BTC.

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SamuraiWarriorSoul SamuraiWarriorSoul Thu Jan 16 2025
This pairing allows users to buy or sell altcoins in exchange for Bitcoin.

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Giulia Giulia Thu Jan 16 2025
Bitcoin plays a pivotal role in the cryptocurrency market.

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SakuraTide SakuraTide Thu Jan 16 2025
The significance of Bitcoin as a liquidity pair cannot be overstated.

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