Bitcoin’s Current Slide: How Is It Affecting Other Cryptos?
With Bitcoin experiencing a sharp drop as the deadline for a potential blockchain split nears, investors are smart to wonder how this move is affecting the value of competing cryptocurrencies. These currencies are not currently experiencing the technological challenges (and community discord) of Bitcoin, but they are nonetheless volatile as their future depends on how the current Bitcoin crisis is resolved.A simple assumption is that competing cryptocurrencies should benefit from Bitcoin’s
Read more »