Today I suddenly discovered an interesting thing
Why are altcoins continuously declining?
Because the time for Bitcoin to surge and plummet is very limited, most of the time it is in fluctuation. In general, when Bitcoin rises by 1%, altcoins will rise by 2-3%, and when Bitcoin falls by 1%, they will also fall by 2-3%.
From a mathematical perspective, a very simple calculation: 1.02*0.98=0.9996<1
Therefore, the longer Bitcoin fluctuates, the greater the decline of altcoins will be. 🤣🤣🤣