except that BTC has dropped a lot less than many alts. I'm sure there is some fear here but it doesn't explain the larger overall drops.
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except that BTC has dropped a lot less than many alts. I'm sure there is some fear here but it doesn't explain the larger overall drops.
I think that's probably because BTC is considered to be the closest thing to a gold standard or blue chip company for crypto. There are probably more people willing to hold that compared to the alts.