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/biz/ - Business & Finance


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7591945 No.7591945 [Reply] [Original]

Someone pls explain why ETH and BTC move nearly identical for a few weeks now. It's like people buy ETH as soon as BTC rises and sell as soon as it drops. What's the mechanism behind?
You can be a 100% sure that ETH didn't move up when BTC didn't.

WHY IS THIS ?

>> No.7591975

>>7591945
>What's the mechanism behind it?
Bots. It will eventually break down though

>> No.7591989

Controlled by bots

>> No.7592019

more details please

>> No.7592060

why do the traders in control of the bots do so?