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How Does Bitcoin Affect the Crypto Market Overall? đ
When Bitcoin rises, other coins usually rise as well. The same goes for the opposite. But why is that?
đ Bitcoin's still large dominance in the crypto market makes it a key benchmark.
đ Pay attention to the price correlation between $BTC and your favorite altcoin.
Related Coin Recommendations:
$BTC
- As the market leader.
$ETH
- Usually gets affected when there are drastic movements.
#BitcoinEffect #MarketKripto #BinanceSquare
When Bitcoin rises, other coins usually rise as well. The same goes for the opposite. But why is that?
đ Bitcoin's still large dominance in the crypto market makes it a key benchmark.
đ Pay attention to the price correlation between $BTC and your favorite altcoin.
Related Coin Recommendations:
$BTC
- As the market leader.
$ETH
- Usually gets affected when there are drastic movements.
#BitcoinEffect #MarketKripto #BinanceSquare
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