Do you think there will be a currency competing with Bitcoin | abod199815 on Binance Square

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Do you think there will be a currency competing with Bitcoin in the future from your perspective? #BTC  #eth  #solana  #bnb  #LINK  

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Should I hold #pepe⚡ ? #PEPE‏

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Why Do Most Cryptocurrencies Drop When Bitcoin Drops? When Bitcoin’s price drops, many other cryptocurrencies tend to fall as well. This is due to several interconnected reasons related to market structure, investor behavior, and the overall crypto economy. Here are the key reasons: ⸻ 1. Bitcoin is the Market Leader • Bitcoin is the first and largest cryptocurrency by market cap. • It’s considered the main indicator of the health of the entire crypto market. • When Bitcoin drops, many investors interpret it as a sign of a bearish or risky market and begin selling other coins. ⸻ 2. Psychological and Behavioral Impact (Market Sentiment) • The crypto market is highly sensitive to news and investor emotions. • When Bitcoin falls, fear spreads quickly. Investors often panic and start selling altcoins too, leading to a broader market decline. ⸻ 3. Bitcoin is a Major Trading Pair Base • Most cryptocurrencies are traded against Bitcoin (e.g., ETH/BTC, ADA/BTC). • If Bitcoin’s price drops, the value of these trading pairs is affected, causing altcoin prices to fall in BTC and USD terms. ⸻ 4. Capital Flows Exit the Market • When Bitcoin falls sharply, large investors (whales and institutions) often move their money into stablecoins (like USDT) or cash out entirely. • This reduces liquidity and selling pressure increases on altcoins, pushing prices down. ⸻ 5. Bitcoin is Seen as the Most Reliable Asset • During market panic, investors shift to Bitcoin or stablecoins, which are seen as safer. • This means selling altcoins, which causes their prices to drop even more. ⸻ 6. Technical Correlation • Many technical indicators (like moving averages and RSI) follow Bitcoin’s price movements. • If Bitcoin breaks a key support level, other coins tend to follow similar patterns technically. ⸻ : #BTC #pepe⚡ #Xrp🔥🔥 #Ethereum

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📊 Quick Comparison: SHIB 🐶 vs PEPE 🐸 – Which Meme Coin Wins? 🔹 SHIBA INU (SHIB): • Started as a joke, but evolved into a full ecosystem. • Now features its own Layer 2 network (Shibarium), with projects in Metaverse, NFTs, and DeFi. • Regular token burns + strong and active community. 🔹 PEPE: • Based on the famous internet meme, went viral quickly. • No clear roadmap or real-world utility (yet). • Driven mostly by hype and market trends. 🔥 Which is Better? • SHIB = Long-term potential, solid development behind it. • PEPE = Short-term hype, higher risk, but can explode fast. 💬 What do you think? Are you with #SHIBARMY 🔥 or #PEPEARMY 🐸? Or is the meme season over? 👀 #BinanceSquare #MemeCoins #SHIB #PEPE #CryptoCommunity #CryptoNews #Altcoins

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What do you advise me about #Btttc to keep or sell? #cyrpto #Binance #BTTC. #Bittorent

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If everyone bought a #Bob for a thousand dollars and forgot about it for two years. Is it possible to increase its price?#bob #crypto

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