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January 16, 2018, 09:56:44 AM |
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Bitcoin is going down every minute now its $11k. Question is if Bitcoin crashes what will happen to the crypto market? Will it take down all the market with it?
Since all the exchanges are trading most of the crypto currencies in BTC; very few coins are traded in USD or ETH. So logically speaking it looks like BTC is effecting the whole market or may be science is more complex then it looks.
Or is it like snowball effect, Bitcoin is crashing so people will not trade any thing in Bitcoin and since no trades in BTC it will crash more?
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