why do all cryptocurrencies rise and fall together
September 19, 2025 9:43 pm | Leave your thoughts
Why do all cryptocurrencies rise and fall together
Cryptocurrencies such as Bitcoin feature an algorithm that adjusts the mining difficulty depending on how much computing power is being used to mine it sea of thieves season 6. In other words – as more and more people and businesses start mining Bitcoin, mining Bitcoin becomes more difficult and resource-intensive. This feature is implemented so that the Bitcoin block time remains close to its 10 minute target and the supply of BTC follows a predictable curve.
The top 10 cryptocurrencies are ranked by their market capitalization. Even though 10 is an arbitrarily selected number, being in the top 10 by market capitalization is a sign that the cryptocurrency enjoys a lot of relevance in the crypto market. The crypto top 10 changes frequently because of the high volatility of crypto prices. Despite this, Bitcoin and Ethereum have been ranked #1 and #2, respectively, for several years now.
IEO stands for Initial Exchange Offering. IEOs share a lot of similarities with ICOs. They are both largely unregulated token sales, with the main difference being that ICOs are conducted by the projects that are selling the tokens, while IEOs are conducted through cryptocurrency exchanges. Cryptocurrency exchanges have an incentive to screen projects before they conduct a token sale for them, so the quality of IEOs tends to be better on average than the quality of ICOs.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
Cryptocurrency and blockchain technology has evolved significantly since Bitcoin was first released in 2009. Today, it’s helpful to categorize digital currencies in different sectors. Let’s explore the biggest cryptocurrencies in each major category:
Are all cryptocurrencies the same
The crypto market is huge, and it follows different rules, but it doesn’t mean it’s the same for all the cryptocurrencies available on it. When we talk about it, the first thing that crosses our minds is Bitcoin and its huge role in the world. It was the first virtual currency launched more than a decade ago, so it’s understandable that people recognize it the most, and it’s possible that most of them can’t name more than two currencies. But, there is a lot more than that – according to many sources, the total number of digital money is 6,955, but some of them failed and aren’t active right now. Another source says that the complete number is around 5,000 and that’s really a lot, knowing that we only recognize barely 10 of them.
Maybe it will be weird for you to hear that some of the most popular crypto money are limited, and there can’t be more than that. For example, there are 21 million Bitcoins circulating over the market, and that’s the upper limit, and the developers won’t ever let one more coin to be available. The same goes for the Bitcoin cash too. On the other hand, Ethereum and Litecoin don’t have a limit, and the supply is getting bigger every day, making them more available for the people. But, at the same time, it means they can’t really reach very high rates. This is another one important difference between these currencies – if the supply is determined, they are getting more worthy every day. But, if there are uncountable coins, their worth will never be stable.
The crypto market is huge, and it follows different rules, but it doesn’t mean it’s the same for all the cryptocurrencies available on it. When we talk about it, the first thing that crosses our minds is Bitcoin and its huge role in the world. It was the first virtual currency launched more than a decade ago, so it’s understandable that people recognize it the most, and it’s possible that most of them can’t name more than two currencies. But, there is a lot more than that – according to many sources, the total number of digital money is 6,955, but some of them failed and aren’t active right now. Another source says that the complete number is around 5,000 and that’s really a lot, knowing that we only recognize barely 10 of them.
Maybe it will be weird for you to hear that some of the most popular crypto money are limited, and there can’t be more than that. For example, there are 21 million Bitcoins circulating over the market, and that’s the upper limit, and the developers won’t ever let one more coin to be available. The same goes for the Bitcoin cash too. On the other hand, Ethereum and Litecoin don’t have a limit, and the supply is getting bigger every day, making them more available for the people. But, at the same time, it means they can’t really reach very high rates. This is another one important difference between these currencies – if the supply is determined, they are getting more worthy every day. But, if there are uncountable coins, their worth will never be stable.
Digital currencies can transfer value. Using digital currencies requires a mental shift in the existing framework for currencies, where they are associated with sale and purchase transactions for goods and services.
This is just the tip of the cryptocurrency iceberg. There are thousands of different digital currencies utilizing blockchain technology that are being used for an incredibly diverse list of applications within the digital economy. Bitcoin is far and away the most popular crypto because it has picked up momentum among a young generation of consumers, but developers are always innovating new blockchain tech and uses for it.
All casinos accepting cryptocurrencies
The platform offers generous welcome bonuses, with a 100% match on first deposits of up to 1.5 BTC plus 75 free spins. VIP privileges – which are reserved for returning and active players – are attainable with points earned from playing games on the platform. Withdrawals are processed quite fast, typically in under an hour. A notable omission in the casino’s offering is the lack of a dedicated mobile app, which is offset by the fact that the platform can be easily reached via a mobile browser for iOS and Android devices.
It is expected for crypto casinos to become subjected to more scrutiny from regulators and licensing authorities. Frequent checks ensure that the casino adheres to existing regulations and increases the likelihood of the casino being among safer options for players.
Physical crypto wallets are physical devices that are used to store crypto funds and private keys. Although viewed as a more secure option, physical wallets need access to a computer making them relatively less accessible. An online wallet is a wallet where funds are stored online that are generally considered more user-friendly and accessible than their physical alternatives.
The platform offers generous welcome bonuses, with a 100% match on first deposits of up to 1.5 BTC plus 75 free spins. VIP privileges – which are reserved for returning and active players – are attainable with points earned from playing games on the platform. Withdrawals are processed quite fast, typically in under an hour. A notable omission in the casino’s offering is the lack of a dedicated mobile app, which is offset by the fact that the platform can be easily reached via a mobile browser for iOS and Android devices.
It is expected for crypto casinos to become subjected to more scrutiny from regulators and licensing authorities. Frequent checks ensure that the casino adheres to existing regulations and increases the likelihood of the casino being among safer options for players.
Physical crypto wallets are physical devices that are used to store crypto funds and private keys. Although viewed as a more secure option, physical wallets need access to a computer making them relatively less accessible. An online wallet is a wallet where funds are stored online that are generally considered more user-friendly and accessible than their physical alternatives.
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