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RE: Looks like people are selling their altcoins and putting money in bitcoin

in #bitcoin7 years ago (edited)

it's, when the market cap getting short, the price also crashes. BTC is the major player on the market so it the safest chooses on the crypto currency world. For altcoin, it's just summer season, people had been investing in altcoin for the height profit return comparing to BTC, and all start to cash out some into Fiat to enjoy a decent vacation, the why the market volume had shorted.