Bitcoin and Altcoin Crashes Correlating Could Be Catalyst for Alt…

News BTC | Aug 15, 2019 at 7:00 PM
  • Bitcoin is pulling back from recent highs, and altcoins like Ethereum, Ripple, and others have only bled out and fallen deeper to new lows.
  • At that time, the once tightly correlated altcoin market – including Ethereum, Ripple, and others – diverged from Bitcoin, and crashed deeper with each rise in Bitcoin price and BTC dominance.
  • Alts like Ethereum and Ripple are dropping alongside Bitcoin for the first time since April.