3 ms·
Probably a few things: 1) Largest mining operations are mining multiple currencies 2) The initial "whales" of ethereum were BTC early adopters diversifying ho
by chatmasta 9y ago
Probably a few things:
1) Largest mining operations are mining multiple currencies
2) The initial "whales" of ethereum were BTC early adopters diversifying holdings
In general it seems the price of BTC is almost always a proxy for the rest of crypto, most likely because any crypto portfolio has a significant amount of BTC in it.