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Why does the price of Bitcoin have an impact on the price of other cryptocurrency coins?
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[QUOTE="Yusra3, post: 164211, member: 31907"] If you have been in the cryptocurrency community for a long period the one thing that you'll notice is that when bitcoin price increases colored other chosen cryptocurrency coins also increase as well. This is also the same when the price of Bitcoin is to de-escalate and so we will see a call crash across all of the cryptocurrency coins with a beaucoup of them being tired towards bitcoin prices. Notwithstanding the question that I've is why does the Bitcoin price call the prices of other cryptocurrency coins considering that they're all operating on their network and as a result there's no link between them. I would anticipate that if the price either people will also start to buy other chosen cryptocurrencies by moving their bankroll from bitcoin into those cryptocurrency coins their by raising the prices, therefore. What's the reason for bitcoin being the sole caesar when it comes to cryptocurrency price auguries? [/QUOTE]
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Why does the price of Bitcoin have an impact on the price of other cryptocurrency coins?
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