Why Crypto’s Trend Together

in #crypto8 years ago

Recently I’ve been perplexed as to why the major crypto currencies trend together, or follow a similar grow/decline in valuation. I’ve had my own musings and discourse with @scottyeager but still wondered...

Here’s a good article that starts to explain it:
https://www.google.com/amp/s/www.coindesk.com/follow-leader-analyzing-bitcoin-cryptocurrency-price-correlations/amp/

Coin Marketplace

STEEM 0.13
TRX 0.28
JST 0.034
BTC 108232.97
ETH 2518.64
USDT 1.00
SBD 0.78