What kind of counterfeit currency fluctuates greatly (when does counterfeit currency usually break out)
What’s the big fluctuation of shanzhai coin? According to Coincryptorama data, the fluctuation rate of Bitcoin in the past week has exceeded 60%, and Ethereum has also dropped from about 50% to about 30%. What is the price of counterfeit coins? There are mainly the following questions:
1. The price trend of mainstream currencies
2. Is there a strong correlation between BTC and ETH
3. Is the trading pair of BTC affected
4. Why is BTC considered a “risk-free” asset
5. What are the major trends in counterfeit currencies
6. The proportion of Bitcoin’s market value has decreased
7. The correlation between BTC and ETH has decreased
8. What is the high volatility of counterfeit coins?
When do counterfeit coins usually break out
According to Bitcoin, Bitcoin hit a historic high in May 2018.
. At that time, the price of counterfeit coins rose from $3000 to a maximum of over $6000, an increase of nearly 90%; Afterwards, it began to decline significantly, and so far it has lost half of its market value. But now the situation is vastly different. Because there is a high demand for counterfeit coins in the market, when do new projects usually break out? At which stage do new counterfeit coins usually appear? The answer to these questions seems to be the same: if there is no emergence of new projects and capital inflows, then there will be a very serious foam.
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