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24568730 No.24568730 [Reply] [Original]

Altcoins always used to follow Bitcoin. This bullrun BTC reached the previous ATH, but almost all Altcoins didn't even get close to their ATH. What's the reason for this?
Is this a good thing since now they're "independently" valued from BTC, or is this a bad thing because when BTC dumps, they still dump too?

Could someone care to explain?

>> No.24568744

>>24568730
because they are all literal trash and no1 cares about pumping them

>> No.24569071

bump it

>> No.24569081

>>24568730
Look into BTC dominance and how it affects the markets

>> No.24569298

>>24568730
BOND is warming up, they are soon entering the world of altcoins in an attempt to overtake btc. will they make it? No one knows. What we do know is that DeFi projects with high yield smart contracts stand at least a chance of doing that

>> No.24569709

>>24568730
Exchanges just need to remove alts/btc pairings and let it trade with USD(t). That would decouple it from btc movement.

>> No.24569766

>BTC is pumped by Tether
>Tether is backed by nothing and not regulatory compliant
>Regulations are coming, targeted specifically at stable coins
>Tether Dies = BTC crippled
>Money floods to alts, a new "Bitcoin" is crowned
This is what is coming, this is why BTC is pumping, so you can hold their bags.