Any idea why the sudden drop of all coins today?
simple to my eyes. notice how low BTC is right now.....
Their method of thought: Ditch the alts, buy btc at the low.... BTC's increase ratio has a higher percentile to go up over alts.
Yeah, some alts are tied to BTC because of echanges, etc... but; this is the simplest way to look at it.
Once BTC ticks up; they sell, and buy the even lower priced alts; cause others panic sold.