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RE: Cryptocurrencies are Dependent on Bitcoin's Value, but Isolated from Traditional Assets and Markets (For Now)

in #bitcoin • 7 years ago

That study does make sense. It doesn't take long to figure out that Bitcoin is the big influence on altcoins in dollar terms.

STEEM's drifted up and down between a range of ~10,000 satoshis to ~50,000 satoshis since November of 2016. The only reason it's above four bucks right now is because of Bitcoin's huge leap.

Bitcoin's still the Big 'B", at least for now.

7 years ago in #bitcoin by
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     7 years ago  

    Indeed, it's still the big king of the hill, for now ;) hehe

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     7 years ago  

    For now. ;)

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