For two years the rule was working: when the BTC grows, the altkoks fall. Those who followed the situation know that over the past years and months, a 2% increase in BTC resulted in a 25% decrease in the Alcoccans and "bloody snot" on Polo.
However, now the situation has changed so much that the altokkans stopped reacting to the movements of the BTC price in this way.
On the contrary, against the backdrop of a sharp increase in BTC, altkoks, in most cases, behave relatively stably and recover quickly after the initial excitement. This indicates that the Altokemins gained incredible strength and lost their former dependence on the BTC. Which, in turn, brings us to the pattern of the Golden Age, which I will discuss in this article
Let's first take a look at the current total market capitalization of the Crypto-currency. CoinMarketCap is an excellent source of this information, I recommend regularly checking this chart to get more information about the market, especially when the price chart expresses uncertainty.
Congratulations @dizhmur! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @dizhmur! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP