ALERT OF MANIPULATION OR ERROR IN THE ALTCOIN CONTROL AND MONITORING SYSTEM
$BNB $SOL $BTC Cryptocurrency trading bots, including altcoin bots, are automated programs that execute trades in the cryptocurrency markets. These bots are designed to follow certain strategies and patterns, and one of the most common uses is to make altcoins follow the behavior of Bitcoin.
To understand how they work, you first need to know that these bots are programmed to continuously monitor cryptocurrency prices on different exchanges. They use advanced algorithms to analyze real-time market data and make decisions based on this information.
When it comes to making altcoins follow Bitcoin, bots are set up to execute trades based on the correlation between Bitcoin and altcoins. For example, if the price of Bitcoin starts to rise, the bot automatically causes altcoins that have historically shown a tendency to rise when Bitcoin rises to do so. Similarly, if Bitcoin falls, the bot will drop altcoins to minimize losses.
So, what we are witnessing is either a vile bot manipulation or a bug in the system.
Draw your own conclusions.