I don't really understand Bitcoin??? The value has now exceeded the shocking figure of $100,000 😱

Although Bitcoin is often considered the "mother ship" pulling altcoins along, the reality of the cryptocurrency market is much more complex. Share with me some information about this currency with

Why do altcoins not always move with Bitcoin?

There are many factors that influence whether altcoins "follow" Bitcoin or not, including:

* Technology and application:

* Independent potential: Many altcoins are built on different technologies and platforms, targeting specific goals and applications. This allows them to develop independently and not be entirely dependent on Bitcoin.

* Innovation: Altcoins are often continuously updated and improved, offering new features and advantages, attracting investors and creating distinct growth.

* Community and marketing:

* Community support: A strong and enthusiastic community can boost the value of an altcoin, regardless of which direction the overall market is heading.

* Unexpected events: Legal or political events related to a specific altcoin can cause significant price volatility, regardless of Bitcoin's performance.

* Investor sentiment:

* Risk diversification: Many investors want to diversify risk by investing in various cryptocurrencies such as AI, DeFi, and hybrid systems

* Speculation: Some investors may choose to invest in altcoins because they believe these coins have higher growth potential than Bitcoin in the short term.

reality:

In recent years, we have witnessed many cases of altcoins moving against the trend of Bitcoin. For example, while Bitcoin is undergoing a correction, some altcoins related to the DeFi sector have seen strong growth due to the development of decentralized financial applications.

Although Bitcoin remains the largest and most influential cryptocurrency, the cryptocurrency market is becoming increasingly diverse and complex. Altcoins have their own opportunities and challenges, and they do not always move with Bitcoin.

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