Bitcoin Forum

The current mainstream currencies all rose, with ETC leading the gains, an increase of 13.03%, and a temporary report of $12.11. In addition, BTC rose 2.93%, temporarily reported 6206.3 US dollars; BCH rose 5.63%, temporarily reported 519.08 US dollars; ETH rose 8.4%, temporarily reported 281.52 US dollars; EOS rose 9.35%, temporarily reported 4.75 US dollars; XRP rose 11.67%, temporarily reported 0.287 US dollars .

Indeed.

Bitcoin usually has less volatility. If btc rises, it arises less than the other alts. If it falls, if fall less than alts.

That's why it only rose 2% and the other alts are rising 10% or more

BTC fell less when it fell

When there is a rise mainstream currencies, there used to be marked differences in the fluctuations reported between btc and other altcoins. These fluctuations tend to be temporary as stability is envisaged in the market.  Talking of stability in the market the btc is more stable.   The btc will occupy this position for a long time.

4th quarter start in 2 weeks! Crypto rally only in winter

Well, market plummets, recover a bit, continue drops and so

Guess the trend reverse might take a little bit more in this case
ETF's approval, could push every shit up xd

Up and down prices in cryptocurrency is very common and often happens. but Ethereum was very unfortunate, because it experienced a very large decline. maybe it's a good time to buy ethereum.

Yesterday, however, almost all of the mainstream tokens suffered big declines.
So I think the risk of investing in ALT is still very high, and I prefer to invest in BTC.

Yes mainstream cryptocurrencies moving up their fiat value since upto 12-13 hours ago. I think it's the usual speed of cryptococoncy, Bitcoin BCH Etherium and LTC will surely restore the lost value.

It looks a bit difficult right now consider the fact that they have been getting a lot of decrease in their value rather than how much price after a little recovery has already happened. This needs a lot of good news to create another hype in the cryptocurrency again and it's my point. More good news and that brings a lot of support.

this is a good example of shortsightedness.

what you call "rise" is merely a small recovery of altcoins gaining back the huge amount of price that they lost in the past 48 hours. it is similar to correction when price is just recovering from a big change in this case a massive dump.
it is like celebrating when price falls from $500 to $100 then rises to $120 :D

It is now clearly seen the most stable coins that are not very prone to volatility, both in the fall and the rise. But do not build illusions, everything can again be filled with red indicators.

That doesnt tells us anything about the market situation but just one thing that these coins were bought more than the others. However, this % rise and comparison is little off the maths rules. I mean the prices for different coins are different and thus where 2% hike in BTC can mean millions of dollars investment in 24 hours while on the other hand 11% or more rise in the XRP could be just half million or so due to its price. Because the more price, the more money it would take up to rise that much. So its all right for info purpose but we cant judge anything from this.

what is the meaning of this message? I didn't understand you. such statistics should be updated daily. Yes, some coins have grown, but their dynamics is very high, so some indicators are no longer relevant.

Often following a fall, those that fell hardest also rise back the fastest, which I suspect is the case here.
I do think that both ETH and XRP are great projects, but I'm not sure that the price increase today is due to those projects, I think it's just a full market rebound.

Just hoping for this rise to be a permanent one. All of the cryptocurrency are in their one year lowest and hodlers are already losing their patience.
Most of the newbie traders do trade emotionally leading to losses in both rise and fall. It's better to set a rule for yorself an don't care about rise and fall of market.

Personally for me even with all this, I still thing the fluctuation in price will still continue and the only thing I hope and wish for now is for the market to be corrected and the bull run should start. I hope this rise as you call it will be the beginning of market recovery until everything changes to green.

the altcoin average has increased by around 2-10%, I think this is quite encouraging, today it all started with a good improvement, I hope this increase will continue for the next few weeks, there are some people who say altcoin has increased in value due to the crisis in Turkey has begun to end and the Turkish currency has strengthened against the US dollar.

Yeah there are small increases in almost all the major coins in the market, seems market is beginning to make a small recovering, because it is far below the bottom, let's wait for some few days or weeks to see where we are heading to. 

It doesn't seem like this rise is permanent, considering the fact that I read somewhere today that BTC has a date with $4400, so this rise could be very temporary. Traders will always do their thing, take profits as they ride the tide

I don't think it's going to continue, the market is really volatile, it could go down again unless the ETF issue is settled we will have a see-saw price leading to the 30th of September, hopefully the 30th of September is final time and they will render their decision to approve or deny Bitcoin.

Yeah, I take a look at the coin market cap right now and i see that every where is green  ;D and i wish this should continue to go high and take us to the bull run, because we have seen enough bear market this 2018.

Yes, the mainstream cryptocurrencies had started to rise up in the current situation because of bitcoin's rise in the market. These altcoins were purely dependent in the btc market increase as this is the usual case even before since altcoins and btc are correlated with each other. Every investors of cryptocurrency is hoping to have a continuous growth in the market such that more people will be encourage to invest in btc and alts mainly because they are seeing progress in the market.

Yes and its a good Indicators I hope it will continue to rise to recover the losses.

Yeah but now other coins leads, there has been a little increase in major coins in the market, and it seems the market has started to recover, but let's keep looking and see what coming days and weeks will bring.

Probably it was dead cat bounce so next days we will see new dip but I'll be happy if I'm wrong and we will see new bull run when all crypto will pump like it was in January, 2018.