Potential 10% Decline in Bitcoin Could Lead to 20% Drop in Altcoins | Flash News Detail | Blockchain.News

Potential 10% Decline in Bitcoin Could Lead to 20% Drop in Altcoins

9/5/2024 3:21:05 PM

Potential 10% Decline in Bitcoin Could Lead to 20% Drop in Altcoins

According to @GreeksLive, a hypothetical 10% decline in Bitcoin's price could result in at least a 20% drop in altcoins. This suggests a significant correlation between Bitcoin's movements and the performance of alternative cryptocurrencies, indicating heightened risk for altcoin traders. (Source)

Bitcoin BTC Altcoins price decline trading risk

More from Greeks.live (@GreeksLive):