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RE: Why is all the big cryptos pegged almost exactly to each other?
⚡️If bitcoin falls it usually brings most of the market down with it.there is a strong correlation between bitcoin and other top coins eth ltc bch. But when bitcoin moons🚀 (Gos up 10%-20%)in a day it usually leaves all other coins eating its dust!💨⚡️
True. That's why I sold most of my alts quite some time ago. They get punished when BTC goes up and when BTC goes down. So in this current market they just can't win.