All Cryptos are back on steam again.

in #bitcoin7 years ago

Somebody really needs to explain what is happening with the cryptocurrencies, everything seems to go down all at once and come up again all at the same time (with the exception of a few though).

Now, for example, Etherum has done a 30.53% rise today alone jumping from less than $250 this morning to over $300 at the moment. All others too with varying degrees of percentage increments on the positive outlook.

What exactly is going on? Are some dark forces at play here manipulating the cryptocurrencies world or what?

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Nearly every crypto's value is derived from the value of Bitcoin or Ether, so when they fluctuate wildly, so do other coins.

thank you for the info! upvoted

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