Analysis shows that the value of Altcoin is still consistent with Bitcoin.

10月
04
2020-10-4 18:33
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Decrypt News, financial analyst Scott Chipolina said in an article that there are now over 3,000 non-Bitcoin altcoins. However, in general, the price of altcoins always follows the value of Bitcoin. This is because altcoin buyers typically buy bitcoins with fiat currency in exchange for altcoins of their choice. Scott also said that the main reason behind Bitcoin altcoins is that altcoins are usually charged in Bitcoin. Bitcoin still represents more than half of the entire cryptocurrency market. This control over the crypto market makes Bitcoin more impactful and controllable.

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2020-10-4 18:30

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