If BTC moves 1x lower, ALTS plunges 2x faster.
If BTC moves 1x higher, ALTS moves 0.5x higher.
Put simply $BTC is the hedge in Crypto market.
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If BTC moves 1x lower, ALTS plunges 2x faster.
If BTC moves 1x higher, ALTS moves 0.5x higher.
Put simply $BTC is the hedge in Crypto market.
I know, but I don't like it. (Well, reality doesn't care about our feelings, though.)
Yes, that's true.