I can't specifically for any one of them but it is normal that when Bitcoin goes up dramatically, the alt coins go down. People usually switch out of their alt coins to go into the rising Bitcoin which depresses the prices of the others. Bitcoin rose by a lot given the news the CME is planning on opening a futures market for Bitcoin specifically. Hang tough though! Hopefully, for most of these it will be temporarily down but go up over the long term
You are viewing a single comment's thread from:
That makes sense. I'm alarmed at Monaco and Metal though, both rose crazily and immediately dropped insanely lol could all this also be because of the Segwit 2 fork? people wanting to capitalize on the split and get BTCx2 coins?
that's unfortunately what happens with smaller alt coins with less liquidity. Violent up and down swings. Hoping the best for you!