Although bitcoin's declines in recent weeks have been well documented, the broad correction has had an even bigger
impact on altcoins.
On social media, casual traders were eyeing Bitcoin's reversal to continue, noting
its impact on altcoin markets.
Not exact matches
NewsBTC started with sole focus
on educating its readers about Bitcoin and its potential
impact on the traditional financial systems has grown with the cryptocurrency industry to cover various
altcoins, blockchain projects, crowdsales, regulatory developments and the futuristic confluence of some of the leading technologies of time viz., blockchain, artificial intelligence, internet of things and more.
Various
altcoins are making their
impact on the industry as well.
It is clear that South Korean traders are currently having an outsized
impact on the newest crypto
Altcoins.
As a large percentage of
Altcoins are dependent
on the movement of modern crypto - giants such as Bitcoin, a little volatility in its price and market cap can have a pivotal
impact on several
Altcoins.
Additionally, news that XRP may be listed
on Coinbase when it opens the platform to new
altcoins next year would have also have an
impact.