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Price volatility, is there something I am unaware of?

All Cryptocurrencies

by COINS NEWS 12 Views

Hey guys, I have a question. How on Earth is it possible that nearly all my coins show the exact same pattern? They climb, and then at some point, the exact same drop in price occurs across nearly all my holdings at the same time.
I’m not mad that prices drop, totally understandable, but are people just watching the BTC chart and, as soon as there’s a little drop, deciding to sell every other coin they have too?!
It’s bewildering. It kinda seems like there’s only one coin out there and all the prices are connected to it ????
I’m not worried about it. I know crypto is volatile AF. I’m just genuinely curious how this is possible?

submitted by /u/Swisstianpriest
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