#bitcoin☀️ 's Ripple Effect on Altcoins
Bitcoin holds a powerful influence over the cryptocurrency market. When Bitcoin’s price rises, many altcoins often follow suit, riding on increased market optimism. Conversely, if Bitcoin drops, it can trigger a sell-off, impacting altcoins like Ethereum, Litecoin, and Solana. This interconnectedness stems from Bitcoin’s status as the market’s reserve currency, attracting institutional and retail interest alike. Traders and investors should monitor Bitcoin's movements to predict potential shifts across the broader crypto landscape.
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