You are viewing a single comment's thread from:RE: Bitcoin (BTC) Mid-Day Update: Why the Bottom Could Be Done!!View the full contextView the direct parentmorseke1 (49)in #bitcoin • 8 years ago Good thought. I hadn't considered, but could be the reason!
I think the correlation is:
Once BTC goes up. If a coin was worth X BTC then automatically at the moment BTC is up, that coin USD value goes up. Because you can trade it and get the same X BTC but BTC worth more USD.