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MyTrendingStories cryptocurrency world news: Altcoins and Bitcoins tend to react to each other. Sometimes they do the opposite of each other and sometimes they do exactly the same thing. It is not rare to see Bitcoin go down while alts go up (and vice versa). This is because almost everyone who has alts has Bitcoin, so they tend to move out of Bitcoin when it goes down and move into alts (and vice versa). Almost just as often as this is the case it isn’t the case. Many times, all coins will go up or down together (generally following Bitcoin’s lead). This dance often results in Bitcoin outperforming altcoins, however every x months we will see an alt boom where alts outpace Bitcoin quickly. If you can time that, great. Try to spot it coming and there is big money to be made. Meanwhile, alts can be tricky to just HODL, as they tend to lose value against fiat and BTC in the off season. Learn more about the relationship between Bitcoin and Alts. In a word, alts are generally more volatile than Bitcoin.
mytrendingstories.com latest business news: Phoenix is ranked among the most populous cities in America. It is the capital of Arizona state and plays a very crucial role in upholding its economy. By population, it is also the biggest city of Arizona, having an estimated number of around 4 million people. The city has got a great importance in the history and political books of America, which is why always stays in focus of the politicians. Over the last four to five decades, the city has grown up quite enormously, particularly in terms of gaining more commercial repute. Currently, the financial value of the Phoenix is very much high in the Arizona state, making it a center place for all the major business activities.
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