Crypto Pump X100
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📉 Why do altcoins fall when Bitcoin rises? 🤔
In the cryptocurrency market, it is common to observe that when the price of Bitcoin (BTC) rises rapidly, many altcoins (alternative cryptocurrencies to Bitcoin) tend to fall or remain stagnant. Although this may seem contradictory, it has a logical explanation based on market behavior.
📊 1. Bitcoin dominance
Bitcoin is the oldest and most recognized cryptocurrency, making it the main asset in the crypto market. When BTC experiences a significant rise, investors often move their money from altcoins to Bitcoin, seeking to maximize profits or take advantage of its relative stability. This increases Bitcoin's dominance and negatively affects the prices of altcoins.
📊 1. Bitcoin dominance
Bitcoin is the oldest and most recognized cryptocurrency, making it the main asset in the crypto market. When BTC experiences a significant rise, investors often move their money from altcoins to Bitcoin, seeking to maximize profits or take advantage of its relative stability. This increases Bitcoin's dominance and negatively affects the prices of altcoins.
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