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Effect of Bitcoin price on Altcoins

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Effect of Bitcoin price on Altcoins

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  #1 (permalink)
Dhaka, Bangladesh
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Hello everyone, how sometimes altcoins price follow bitcoin price like copy-pasting? How come selling/buying across all altcoin happens at the same pace? Or is it just algos rebalancing altcoin price with respect to BTC and order book has nothing to do here?

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  #2 (permalink)
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Maybe research stock market 'Beta'. I would conject that most altcoins generally trade with a Beta of >1 with respect to Bitcoin.

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Last Updated on October 2, 2022

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