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RE: Sideways is the new Up?
Yes this is a good point. I thought the uncertainty of BTC UASF would cause people to rush into ETH bringing the price of ETH higher. Looking at the total market cap of the crypto space now hovering at $94.7 billion vs $100B plus, I suspect people are getting out of crypto and going into fiat. Until the uncertainty settles and is resolved.
Yes, that is exactly what has been going on. Lately the entire space moves together. It will be interesting how long that lasts. These next few weeks will be interesting.
Yeah when the market moves together like that they all follow BTC and most of them drop lower against USD than btc.
When that happens I want to get out of the alts and just stay with btc.