There are currencies
that are referenced as indicators for small currencies
like
which means their movement is with the movement of Bitcoin
This means that if Bitcoin falls,
those currencies fall with it
and if it rises, they rise with it.
The reason for this is due to several factors,
such as those currencies being tied to specific network assets like network $ETH and $BNB .
Other reasons include market reactions to movements of major currencies,
and investors being influenced by news about major currencies,
and there are many other reasons.
However, these movements are not always on a long-term scale,
meaning they move with it on a short-term scale,
such as a day or less than a day.
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