Seems that altcoin are performing bad against BTC... ever heard of USD? 😂
View this post on Hive: Seems that altcoin are performing bad against BTC... ever heard of USD? 😂
View this post on Hive: Seems that altcoin are performing bad against BTC... ever heard of USD? 😂
I agree people are trying to change alt coins to BTC, plus Institutions are buying into BTC. The high hit and many take their profits, but that leads to more selling. Judging to the drop of everything I guess they got nervous and just started selling everything.
I was just discussing this with my husband hahha
how tf bitcoin rose to 11k but the others falling like crazy
It's simple
BTC rises ---> people convert altcoin to BTC, the price in terms of satoshi fall
BTC at high price ---> people can't get BTC with FIAT anymore and start to pump money into altcoin for profit
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