Altcoins are all digital currencies that are not Bitcoin. There are thousands of them, but they can be divided into categories: 🔹 1. Blue-Chip Altcoins These coins have a large market cap and high popularity: Ethereum (ETH) – the second largest currency after Bitcoin, supports smart contracts. Binance Coin (BNB) – the Binance platform coin, used to reduce trading fees.
📊 The impact of the overall market on the KAITOUSDT currency.
Alternative cryptocurrencies (Altcoins) like KAITOUSDT are directly affected by Bitcoin's movement, especially when the market is in a strong bullish or bearish trend.
If Bitcoin is on an upward trend: Demand for alternative currencies will increase, which may push KAITOUSDT strongly upward.
If Bitcoin is on a downward trend: This may cause a general correction, leading the currency to lose momentum and result in a decline.