Cryptocurrency Q&A Why does all crypto follow the same pattern?

Why does all crypto follow the same pattern?

amelia_doe_explorer amelia_doe_explorer Mon Jan 13 2025 | 7 answers 1577
I've noticed that whenever there's a significant change in one cryptocurrency, like Bitcoin for example, all the other cryptocurrencies seem to follow the same pattern. I'm curious to know why this happens and if there's a specific reason behind this synchronized movement. Why does all crypto follow the same pattern?

7 answers

GeishaCharm GeishaCharm Wed Jan 15 2025
The majority of cryptocurrency pairs involve BTC or ETH.

Was this helpful?

356
20
CosmicWave CosmicWave Wed Jan 15 2025
BTCC is a top cryptocurrency exchange that offers a range of services to its users.

Was this helpful?

280
62
FireflySoul FireflySoul Wed Jan 15 2025
When a cryptocurrency is traded in a BTC/COIN pair, its value is directly correlated to the price of Bitcoin.

Was this helpful?

272
46
CryptoElite CryptoElite Wed Jan 15 2025
Similarly, when a cryptocurrency is traded in an ETH/COIN pair, its value is directly correlated to the price of Ethereum.

Was this helpful?

355
57
Carlo Carlo Wed Jan 15 2025
Cryptocurrencies are traded in pairs on exchanges.

Was this helpful?

56
66
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts