Bitcoin Forum

The rise in the price of BTC (Bitcoin) has certainly had an effect on the market. With its increasing value, there has been a surge of interest and investment in this digital currency. This has led to a ripple effect on other cryptocurrencies as well, driving up their prices as people seek alternatives to Bitcoin.

Furthermore, due to its global reach and impact, fluctuations in the price of BTC can also have an influence on traditional financial markets. For example, when BTC experienced a sharp decline in 2018, it also caused stock markets around the world to drop.

So guys what are your thoughts about current situation.

Sorry I changes the content of topic as it was unintentional to post here about project. You can always ask any question in there official posts.

Well sometimes it is also related but the cryptomarket ecersince has no tally on other field. Its isolated and not tied to any of the stock market but we can always see some conincidence that stocks also go up when this one increases too. People or investors om those also can be the same people for bitcoin.

That is what happens every time when we see the price in the bitcoin price, but to me, the effect is not completely reflected over every cycle. In the previous cycle if Bitcoin jumps 30% then most altcoins will surge 30% in average but now its not even 10% but random coins jumps 100% in 24 hours and in the next few days it will bleeds out which means the altcoins are only used by bump and dump investors and not for any real use cases.

Crypto market has always been stirred by the price of bitcoin. Some years ago, bitcoin was the only trading pair for any currencies for the exchanges. Now, USD is more popular but the emotions and trends are still lead by bitcoin. The upcoming bitcoin halving has been one of the reason for the current bull and there ought to be some correction exactly after that. But on a long term there have been ultimate bulls that made bitcoin and most of altcoins hit their all time high.

What are you talking abawt? Does BTC affect the market? BTC is THE MARKET. Have you checked the BTC dominance lately? It is 54%. 54% is no joke in a market where everybody create their own crypto every day. So when you ask if btc is affecting the markets, the answer is very obvious. It is always about btc. The other coins are only guests in this game. BTC is the main star. This might change if one day btc dies but i don't think that's happening any time soon.

This has been the case since the very beginning and Bitcoin is the market maker as it drives the price of other altcoins as well when it's on rally and when Bitcoin starts dumping entire market goes through Bloodbath, but It's only Bitcoin which recovers back hence it's proved that Bitcoin is the only real deal when it comes to crypto.

But in my honest opinion I couldn't draw a correlation between Bitcoin and stock market as these are two different aspect and I feel more money will be flowing to Bitcoin from stock market when it's rallying and vice versa as people would be trying other options like stock market, real estate when bitcoin is declining. It's only whales who will be investing into bitcoin by shelfing off their investments from other sectors.

I think it is very clear that BTC really influences the crypto market, because BTC is the forerunner to the formation of the crypto market, where it is very clear that if BTC seems to be going down then other coins will also decrease, and vice versa if BTC is increasing then gradually other coins it will also follow BTC movements.

Bitcoin surely has a very good influence in the cryptocurrency space ,its recent rise can help drive in more investment from various sectors . Just cant understand what type of bullrun we are really having for now though the price of Btc has risen significantly ,most altcoins are yet to make the move this time which makes me question whether BTC still has the same effect it has in the crypto-market like it has a very years ago.

The rise in the price of Bitcoin has a positive impact on the entire cryptocurrency market, but the rise was not something crazy. We were already at the levels of 44,000 several months ago and we have returned to the same levels again. The amazing rise will be after 70 thousand dollars reaching 200,000 and then it may Bitcoin's market capitalization exceeds Apple as the company with the highest assets.

now that bitcoin is seeming to enter bullish market, we can expect altcoins to rise in price too since investors are most likely happy with the results they’re getting from bitcoin they might bring this to altcoins as well and buy some

if you have altcoins, you might expect good incline with some altcoins in the following months

Yes. BTC makes up more than 50% of market much larger than tens of thousands of other coins combined. And BTC would require to move in order to have an overall trend on the market.
There were and are alts that are increasing or decreasing due to their own reasons but when bitcoin moves every of the alts follow. Up or down.
It's been predicted that the bitcoin would lose it's market cap superiority for years now but they be holding.

That is wrong, the stock market dive back in 2018 was not happening because of BTC.

Here is the link to read what happen with the stock market at that time https://www.usatoday.com/story/money/2018/10/10/why-stock-market-went-down-so-much/1593803002/
And here is the link to read what happen with Crypto back in 2018 https://en.wikipedia.org/wiki/Cryptocurrency_bubble

That's why I always use Bitcoin movements as a benchmark because if BTC experiences an upward trend then we have to look for altcoins that follow BTC movements to seek profits by taking advantage of the market situation and that has proven to be quite successful. However, this must be based on research first because not all altcoins follow an upward trend, sometimes some do not move at all

They were the altcoins that were affected when bitcoin dropped and went through a bear market. But can you see what happened in 2022/last year? It was a different bear market that we're expecting.

BTC is always been, always be and will always be affecting the entire crypto market. It won't be called as the king of this market if it has no meaning at all.

Bitcoin is very dominant in crypto market but there's no proof in relation to the stock market and as far as I can see, our stock market are still down despite of the rise in Bitcoin price. We might see some changes due to the surge of investors as they rush to buy Bitcoin and follow the trend. We know that many are still bullish with Bitcoin and they are expecting a higher price before the year end, so maybe some investors are selling their stocks just to buy Bitcoin.

This is no longer news, everyone in the crypto space knows btc is the driving force of the market, once it start to increase alts also benefits.
See how many alts are pumping none stop. Take Tia for example, since launched the token has been going steadily up with very little correction.  
Don't forget also the market is slowly moving out of the bear period and to the bull season, it is likely from now on it will be more uptrend than downtrend. Hopefully the fun is about to begin.

I mean, it's something that has happened more than once already I don't think there's much to think about it anymore? I wouldn't necessarily make it a guarantee that when Bitcoin goes up everything goes up, that's just a ticket to losing money but it is expected that the general trend for most coins will go up. The scale may differ though depending on the development of the project still and who knows, some coins might just drop it's price simply because of how bad it is. It's still dependent on the quality of the project behind the coin itself before it can even get swept by Bitcoin going up.

For the short term, I believe not yet, look at the market right now, Bitcoin is owning, pumping hard but altcoins? Not at all, they even dump at the current price of Bitcoin.
But for me, in long term especially if Bitcoin price will take a rest and do sideways, I am hoping altcoins will also do their own moves.

There are a few altcoins that are pumping with the Bitcoin pump which means that the whole market is still not affected by this pump. Bitcoin has always been the driving force that keeps the market in green when it is in green and vice versa. As it approached halving which is scheduled to happen next year the market would go into red as it has been doing every time. Things can be different this time with Bitcoin ETFs and Ethereum ETF, we cannot be certain whether they will get approved. But, if they get then we might see more green and big pumps happening before the halving.

Yes bitcoin price would definitely affect other altcoins because btc is there father. It has always been like that for a long time now. One of the reason is the market dominance of about %50. Emagine a company that somebody is the highest shear holder, the person will definitely take the lead. Then as for the people seeking for alternative to bitcoin, is as a result of taking advantage of the pump in altcoins. If bitcoin grew by %4 other altcoins will rise by %10-%15 so people take advantage of that. It Will take Bitcoin about 2 to 3 years to complete%100 while it takes some altcoin 1momth to complete%200.

Bitcoin does have a positive and negative impact on the market. Whenever we see the price of bitcoin going up, we also see some well known altcoins going up in price. There might also be situations where the price of bitcoin goes up, but reputed altcoins price don't change much and other lesser known altcoin price starts to go down. This is most likely because people start dumping their altcoins and invest it on bitcoin while also preparing themselves to invest in those top well known coins.
You mean like the coin you are right now promoting using your profile?

Yes, and a thousand others more.... ;) I am not going to say invest on it just because I am promoting it, if they want then should only after their own research.

Let's say meme coin has no real use case apart from bump and dump.

A token project that claims, it is going to solve the deforestation, natural resources, blah blah has been only used for bump and dump.

The price of BTC going up have a big impact on the market. Bitcoin become more valuable has made people interested in it and also investing in it and other cryptocurrencies. People are also looking for other options. But I think Bitcoin is the best option.

Btc is also important for the world. When the price of Bitcoin go up or down it affect regular financial markets too. This happened before in 2018 when Bitcoin go down so it caused stock markets all over the world to drop. This showed that the cryptocurrency market and the regular financial system are connected.

The situation right now is interesting. The rise in the price of Btc bring good things. It made more people to invest in cryptocurrencies. It will be interesting to see how the market changes and how the people in charge respond to this trend.

This thread would have been in the Bitcoin Discussion Board. Op you can still take it to that place, if you can do that, though I am not also perfect in it. As it was said by others other coins follow the trend of bitcoin whenever it rise up. And because of the value it has, people like to invest it and bitcoin has made some young people to become millionaires. Even as bitcoin is rising up, some of the altcoins are still stable and they are not moving up. So people are not ready to invest in them.

- The truth is obvious because we all understand that the majority of the market capitalization belongs to bitcoin, and any fluctuation in it will affect the price of Altcoin at any time. It's like pouring water into a bottle, then using the bottle to pour the water into cups, the operation of money flow in the market can be implicitly understood through that.

- Perhaps you are mistaken and overestimating the market size of cryptocurrency, which has never had any obvious similarities or connections with the stock market. The general stage of macroeconomics, and venture capital markets, will be much more volatile than traditional markets. And in fact, let's check again, because at that market stage, we all know that the investment bubble with crypto is mostly ICO ponzi, that sustainability is a small part, but on a macro level, the situation is that the market state at that time had also reached the threshold that needed adjustment.

As the price of Bitcoin rises, in the same way the prices of other altcoins increase. Because many people try to find alternatives to  bitcoin investment. They become interested in investing in those coins. However, when the price of Bitcoin increases, other stock market investors are also encouraged to invest in Bitcoin. As a result we can see the movement of money but it doesn't have much effect because other stock markets have a lot of capital. If we look at cryptocurrency and forex market stocks there is a big differences between the two. So there will be no much effect on the market.

Nah I guess this topic can be posted either way as he is also talking about the majority of the cryptocurrency market and altcoin.
The reason why most of the alts in the market tend to follow bitcoin's price action is because of their value are also based with bitcoin and most of them can mainly be bought or trade with bitcoin as well, especially in a crypto exchange. So, that means most of the altcoins in the market are bought through bitcoin and not with fiat. The usual process of purchasing your alts is Fiat to Bitcoin to Altcoin. Therefore, basically it isn't just the hype that bitcoin brings to the market that altcoin price tends to follow, but there is actually a significant reason for it.

That's right and let's take an example in Gold. look at the price of gold just 2 days ago it was trading at $2,019.17, down 0.48% this session, while Bitcoin is currently up 4.09% meaning it is always inversely proportional to the price of BTC. If gold rises, BTC falls and if BTC rises, the price of gold also corrects.

Bitcoin is the first and king of all crytocurrencies. If btc price is up, then all of coins are following the coins to grow up. I am not worry about rising of btc price at all. I always say that the price of btc is going up more than we think.

In comparing the cryptocurrency market to the traditional financial market based on my observations, it's evident that the cryptocurrency market, particularly Bitcoin, tends to be more volatile than its traditional counterpart. This volatility is especially pronounced during bull runs, influencing the upward movement of altcoin prices as well.

Reflecting on the example you provided about Bitcoin's sharp decline in 2018 and its potential impact on the stock market, it's plausible that market reactions were influenced by people's anxieties during the global financial crisis, rather than solely being a result of Bitcoin's price drop. It's a reminder that market sentiment and external factors can play a significant role in shaping financial landscapes.

In considering the current situation, it appears relatively stable. To stay proactive, it might be beneficial to adopt a habit of staying informed through news sources. This way, we can better prepare ourselves for potential economic downturns or recessions in the future. A proactive and informed approach can empower us to make sound decisions in the ever-evolving financial landscape.

Currently, bitcoin is considered by the real world to be a technology asset, so it is normal for it to follow the movements of this branch of the market, so it makes sense to follow and be influenced by these specific markets

Bitcoin's like a locomotive, if it starts moving, the rest will too. You should always focus on the father of cryptocurrencies, as is the norm in the cryptocurrency industry. Bitcoin's movement could indeed have a big impact on the rest of the market, when bitcoin's value rises, it can create positive sentiment, leading to increased interest in other cryptocurrencies.

Bitcoin is making strides forward, while most altcoins are still lagging behind. It's not always the case that Bitcoin's movement immediately affects the rest of the market; there might be a delay, like right now. Other cryptocurrencies will likely start to show some craziness; it just takes time for the trend to spread to others. Hopefully, we're anticipating an altcoin season once Bitcoin's movement settles down.

Altcoins by & large always follow what Bitcoin is doing. When Bitcoin experiences a Black Swan event or is in a bear market then altcoins follow. When Bitcoin is in a bull market & pumping hard, altcoins go up. Some newbies think they have missed Bitcoin so they try to find cheaper alternatives. Let’s not forget that without Bitcoin there would be no altcoins.

That is absolutely a good observation looking at the past price behavior of Bitcoin it's obvious that it price movement always triggers the upward surge or trend of majority of other altcoins that is why some investors always seek other alternative coin to Bitcoin and not underpriced and invested on them having the ripple effect on the prices of those coins especially when they are aware of upcoming positive big event related to Bitcoin just the upcoming halving of Bitcoin next year, Gold and Silver also experience an upward surge in the past few days seem it is the effect of the price of Bitcoin.

It is best if we always think positive rather than negative about Bitcoin. Because we saw that when the Bitcoin market went down in 2018, it had a lot of impact on the stock market. But we have seen since then and again after four years the price of Bitcoin has once again grown tremendously and reached high levels. People benefited the most from Bitcoin in 2021 when the price of Bitcoin skyrocketed and reached an all-time high. Accordingly, we always believe in Bitcoin. Most people invest in Bitcoin and hold it for a long time, only hoping for high returns. You can never be an investor if you think negative side of bitcoin, but you should always think positive and hold bitcoin patiently. And I believe no one will ever face loss by investing in Bitcoin if he invests for long term he will definitely get enough money profit. So no one has experienced loss now by investing in bitcoins, but most people have experienced gains.

It seems to me that this has always been the case. Bitcoin is the basis and it is it that gives impetus to the market in 2018 there was exactly the opposite effect, you said correctly, but the important factor is that the market was filled with bubbles and scam projects, so the collapse was even faster. Over these five years, the investor and trader have become wiser and the market now rises or falls more smoothly if there are no force majeure situations.

When bitcoin moves, the whole market gets shaken, and this is normal due to the influence of bitcoin throughout the industry. All the major altcoins have a pair with bitcoin so when a drop in bitcoin happens the whole altcoin market gets affected. Current sharp raise of bitcoin price also causes the raise of many low cap altcoin. BTC, Stocks are somehow related to each other and that is why we have seen that when there is a decline in the stock market, the bitcoin price also makes a correction with it.

I think USD is a bit more connected, but BTC is still the driving force one way or another. I think the simplest thing to do in this regard, just look at where bitcoin is going, because the direction bitcoin takes will always be the direction that alts will go, the amount may change just a bit, and sometimes some coins have great days that's true but in the end we are going to see the direction be the same anyway.

So, even after the pair got to USD side, we still see Bitcoin deciding the market, and that's important information. I understand that alts have their own world a bit, not a whole lot, not completely different, but they do have a small market for themselves, but at the same time I believe that we are going to end up with something that should be a little difficult to handle, it should be something that will benefit everyone one way or another. This is why I believe that the best thing to do would be just focusing on what bitcoin does in order to invest.

Whenever we are in a bull run, more people enter into the market which necessarily means investors from the stock market are entering it, yes some people invest in both but generally, they think crypto is not an actual asset. And also we can't compare both the market because the time of existence of stock market is far ahead compared to crypto market but still Bitcoin crossed 1 trillion market cap in 2021 if I am not wrong.

The rising price of Bitcoin and other cryptocurrencies has garnered significant attention in the media and financial sectors, leading to increased public awareness and interest in the cryptocurrency market. The growing adoption of cryptocurrencies by both retail and institutional investors reflects the impact of Bitcoin on the world. Governments and regulatory bodies are also taking notice and considering how to regulate and integrate cryptocurrencies into the global financial system. Overall, the effect of Bitcoin's price on the world is reflected in the increasing acceptance and recognition of cryptocurrencies as a legitimate asset class and form of investment.

We should be prepared for something more better than what we are seeing now. Bitcoin bull movement is just starting and we might be surprised so see it at a bigger level in few months to come. For us to make more profits formthe market, we need to learn how to expand our investment and put it on different projects so that we can maximize profits from that. It is good for us to keep looking for ways to increase our profits rather than relaxing.

Although I didn't have crypto knowledge in 2018, but I really don't see how bitcoin, pump and dump will affect the forex market then and now. They are quit different, one deals in fiat currency, while the other is crypto currency, and except it's the same people that are trading in the both markets, I don't see how the market trend of one will affect the other.

When you talk about the cryptocurrency market, bitcoin is undeniably the king and pacesetter, other crypto coins depend on it's trend to determine their outcomes. Now that we're going into bitcoin, bull run, altcoins, will be preparing to experience bull run too, because bitcoin investors will be happy and willing to buy altcoins, because it will be very profitable.

People are not just investing in Bitcoin but also, they are accumulating Altcoins. Why? Because they noticed that altcoins had also the potential to rise when Bitcoin pumps. What happened to Bitcoin has a manipulating impact on the entire crypto market, once it pumps, the rest will follow. In fact, even shitcoins have the chance to rise XXX. As the halving comes closer, we expect of increasing demand that would also pump the price. Everyone is preparing for the ATH and the bull season and is expecting another great year of crypto.

This is what makes people fall in love with altcoints and try if the item doesn't exist [surely all BTC is bought and maybe the BTC mining that many people do doesn't exist at all.


Yes. Altcoins are also an alternative for us to choose besides BTC.

Our financial landscape is being transformed by digital currencies. Bitcoin is revolutionary, not just a currency. Spike in value? A sign of its developing trust. It sends other cryptocurrencies on a wild journey. Yes, Bitcoin's volatility shake stock markets. Isnt their reaction more about the traditional market's fear of the unknown than Bitcoin's instability? The fundamental question may be: why does a decentralized money shake traditional markets? Could Bitcoin be showing how fragile and limited traditional banking institutions are?

There is no doubt that the cryptocurrency market moves along with Bitcoin, like every cryptocurrency, but I don't think that other financial markets, such as the stock market, are influenced by the movements of Bitcoin or other cryptocurrencies and these are just common myths that people have. Bitcoin has no direct connection with any economy or financial market other than the cryptocurrency market and if two markets fall or rise at the same time, it can only be a coincidence and nothing else.

The current situation of the cryptocurrency market is normal if you ask me. The market has been in the bear run for the last two years or so, and the market started recovering from that just in 2023, we are just in the recovery phase at the moment and anticipating a bull run in the next couple of years.

How bitcoin maintains its position in our financial sector has never happened before. There was a hype about dot com which faded away very quickly Compared to that bitcoin is still growing and its current form of growth indicates that it is still in its early stages of growth. When the market matures, we will see a more stable form of bitcoin which is very different from the current market scenario of bitcoin which is highly volatile. The traditional monetary system gives the banking sector and government the power to make money from thin air which causes inflation. Many people think this is a failed system that needs to be changed. A centralized system can not keep itself from manipulation which is why bitcoins decentralized nature attracts a part of society.

Maybe the effect is still building up? Because it's been only a while since BTC pumped up like this. But it's also possible that the rise of BTC have caused an altcoin and other markets to drop, because the interest of the people on them have shifted in BTC. It can also be for a while, for some reasons, as we know that we are seeing some positive news lately in BTC, so maybe they think investing in BTC now is a wise move to score a quick and easy profit.

Altcoins are still great in number. Same goes on other markets, so I think there are still some of them who are not following the trend. But anyways, if BTC declines, the same reasons above can/might also be applied.

That's right, Bitcoin has a very big influence on the cryptocurrency market or we can call Bitcoin the crypto itself. all pairs are now based on bitcoin, if bitcoin corrects then all altcoins will also correct, bitcoin corrects 5%, maybe altcoins can reach 15%. Yes, that's what I think is why Bitcoin really influences all alt markets. but for the stock market, I think there are two different places, I'm not sure whether bitcoin movements are influenced by stock, or whether stock movements are influenced by bitcoin.

All other cryptocurrencies are called altcoins and Bitcoin is called Bitcoin. Since the dominance of Bitcoin is higher it drives the market accordingly. Not all cryptocurrencies are in green in the present market situation as the altcoin season has not yet started. When the dominance of Bitcoin ends the altcoin season will start and you will see a lot not performing altcoins pump that time. No one knows how much altcoins will go up, as most of them a presently trading below their previous high you can expect them to reach the former position for sure.

as we all know, bitcoin is the first digital currency created in crypto, and the amount is very limited, so bitcoin is an investment that is highly prioritized by everyone, so BTC really dominates the crypto market so the growth of other coins is very dependent on movements BTC.

Overall, a rise in the price of Bitcoin usually attracts the attention of crypto investors and can have an impact on alternative cryptocurrencies. This effect is often referred to as a “bull market,” where the rise in the price of one cryptocurrency supports the rise of others.
Also, as cryptocurrencies become increasingly important in the global economy, fluctuations in their prices can affect traditional financial markets.

It's not surprising that we always see altcoin prices following Bitcoin as well as stocks following BTC prices. Even though we know that each altcoin has its own fundamentals. Many Altcoins also have technology that may be much better than Bitcoin and even have their own chains and have smart contract technology.

In my opinion, why Bitcoin affects market prices is because it's all just because of "trust", all crypto traders must have the same mindset if Bitcoin is always their benchmark. So if Bitcoin experiences a dump, they all also believe that other coins or tokens will also experience a decline and vice versa.

Of course Bitcoin affects the market as a whole, but I do not think that the effect is always so large. But yeah, Bitcoin is not just the father of cryptocurrencies but it’s actually always on top when it comes to dominance. If you think of it, you’ll see that every cryptocurrency will be affected if Bitcoin were to be affected by anything at all. Even a little FUD on Bitcoin can affect the market

remember that bitcoin dominates in term of market capitalization almost half of the market capitalization coming from bitcoin alone meanwhile considering that there are so many coins in existence its actually massive that bitcoin is this big. so its no wonder that influence of bitcoin is also so big for the other altcoins out there, even go as far as affecting the overall market trends in which means that bitcoin is the trend setter.

bitcoin is quite literally the trend if bitcoin go up other coin will go up same if bitcoin go down it will affect another altcoin indirectly or directly thats why when market in bullish everyone is looking at bitcoin because it could reflect the overall market condition, there is also reason why instutionaln investors decide to invest in bitcoin instead of altcoin, because bitcoin is the biggest thing in the market right now.

When heading towards the Halving, all bitcoin prices become strong and not only that, all cryptocurrencies also go hand in hand with each other, so it's not surprising that all stocks are also affected because they know that bitcoin will strengthen when heading towards the Halving, the crypto market is just a formality It's just that for world and digital economic growth, it's possible that Bitcoin will increase its capacity in the future from 1 trillion in 2021, perhaps in 2025 it could increase even more drastically than that figure...

Actually when btc adoption increased, it's attract so many new investors, results in the big volume of money entered in the btc. This money doesn't remain in only btc. Investor distributed their money across all major coins which further convert into new coins also. This money circle remain in crypto until btc start dumping because of any bad news and fear index increases. In this period people start exiting from crypto market and this we see big dump in btc and also whole crypto market.


I think btc has not any big effect on global market such as stocks Market. Both btc and stocks market are affected due to war, Inflation and world issue. Generally stock market first start decling and then it affects crypto market also as we experienced in the Ukraine -Russia war

Fear, Uncertainty and Doubts have retrained most investors from milking the system, that's why one have to become confident when choosing a project to anticipate in. When there's heavy dump in the market, what projects is targeted first? It's bitcoin but it still stands up followed by ethereum, this two projects have passed through difficult and good times in the market. Bitcoin is top ranking among other crypto coins and projects, it's trading volume and CMC are weigh beyond other sophisticated projects. When bitcoins moves, ofcourse it's movement affects the volume of other projects. For instance, ethereum moves accordingly to the movement of bitcoin at the top.

It leads in almost any metric. BTC's dominance is absolutely outstanding and it do think that's one of the very best things to have happened to the crypto industry.

There are times that we see Bitcoin doesn't mostly affect the market but as a whole if that's what we're discussing, its affection for the entire market is large. You see that whenever a dip happens for Bitcoin, the majority of the altcoin dumps too. And that's a huge sign that Bitcoin certainly is affecting the market largely because if we're not going to notice that, we're missing the whole thing about bitcoin's supremacy that is obviously seen on this market.

Of course, this is the norm whenever the price of BTC is rising most of those altcoins are also multiplying their price depending on which altcoins we are talking about. This is actually a good opportunity for the risk takers especially those who want to invest in some new altcoins that have a high chance of increasing their price due to this event and you will gonna earn more money if you land on the right altcoins to invest and also you will have another source of income in this another great scenario in the crypto market. But this is for the risk-takers only because the chances are few compared to investing in bitcoins.

The whole crypto-market depends on Btc .When its prices rises then the whole market will be bullish and vice -versa it has so much effect on the market more than any other altcoins.

Indeed, Bitcoin and alts markets are highly volatile, and In firmly believe that this volatility is the beauty and leading feature of cryptocurrencies landscape, as it is offering opportunities for investors to participate in crypto space for investors across various financial capacities to engage in the cryptocurrencies pace.

Regrading, co-relation between Bitcoin and stock market it has been noted that stock market tends to influence the cryptocurrencies market, not the other way around.

Bitcoin alone has a direct impact on the cryptocurrency market. Anyone who spends a day in this market understands this. In fact, if you look at the dominance of Bitcoin and the marketcap of the alt coins, there is a correlation. But despite all this, I don't think bitcoin has the power to influence the classic exchanges. Bitcoin is not yet an asset that can do that, but one day it might.

Absolutely right the volatility in Bitcoin and altcoin markets  adds a unique attraction of investors to the crypto. This strength in cryptocurrency provides different investment opportunities suitable to many investors with varying financial capabilities.

Regarding the relationship between Bitcoin and the stock market, your observation are quite broader. We have seen many times that whenever FOMC meeting start , the crypto market become volatile which indicates that stock market and other real world matter effect on btc but never hear that stock market affected with btc price change.

While BTC has nothing to do anything with any altcoin directly, its reputation alone creates a sentiment in people's minds that those other coins can one day do as good as Bitcoin. It's the sentiment that is attached to the market which makes people comfortable choosing those alts. So any movement that happens in the Bitcoin market will affect people's sentiment and that will lead to positive or negative movements in alts market.

Bitcoin is not affecting the market directly, rather people involved in alt market are. They are making decisions based on the Bitcoin market movement which is affecting the alt market. That's it.

While yes bitcoin 100% controls the crypto market.  If bitcoin is billing so is everything else and vice versa.  But the stock market or gold or bonds etc are not predicated on crypto markets...yet.  it might have been a coincidence but don't think that if bitcoin goes into a hyper bull so will the stock market.  Don't over think it.  Bitcoin runs crypto markets and that's it for now.

That is why investors should focus their crypto investments in BTC. It's the only cryptocurrency we have the assurance of being on the top position of crypto market. Altcoins can also perform nicely, but we never have the assurance of which of them are going to be the next highly valuable ones, as they don't occupy fixed spots on cryptocurrencies' ranking, rather they are constantly falling on long run and being replaced by new pairs.

It reminds me of another discussion where it was asked if crypto market could survive without Bitcoin. The answer is "no", and this thread justifies the reason very well, as Bitcoin not only affects crypto market, but as you said, it drives crypto market upside and down. Bitcoin dictates the tendencies, altcoins follow its leadership.

It has been always like this, and it will remain like this for a long time yet.

Definitely bitcoin price movements will always have an impact in the majority of the crypto market, because most of the thousands on alts in the market can be bought or trade primarily using bitcoin especially when direct fiat purchases is not available. So, that gonna be one of the obvious reasons as to why most alts in the market follows bitcoin's price action.
The only thing that I did not understand is your last statement, bitcoin has no power to influence exchange? is it crypto exchange? cause if that's what you mean, well crypto exchange all have bitcoin as the primary trading pair. Correct me if I'm wrong or If I understand it correctly. TIA!

I agree with that. Bitcoin, being the first and the most influential cryptocurrency in the market, does have its impact on other cryptocurrencies or the overall market because Bitcoin was the only cryptocurrency that people knew before other cryptocurrencies even existed, and being completely decentralized and secure, people put a lot of trust in it with their money, however, as the market has become highly saturated now, investors also invest on a different range of altcoins which is the reason why when Bitcoin goes up, altcoins does the same.

A cryptocurrency, or anything in general when it's traded, goes up and down in price based on the supply and demand formula. If more people are demanding to buy Bitcoins, the price tends to go up, and when there are more sellers in the market than buyers, the price starts dropping, and when people invest in Bitcoin and it starts going up, there are investors that invest in altcoins too, resulting them going up as well.

As a king it controls the younger ones who were just given birth. The altcoins are just need to the system and they have not known the left and right of the ecosystem so they have to follow the step of their father Bitcoin and their mother Ethereum. And direction Bitcoin follow they also follow, when the price of Bitcoin rise they follow and the price reduce they reduced too. Bitcoin has a great positive effect in the cryptocurrency market.

Those who are investing in altcoins also monitor the price of Bitcoin to see their coin improvement. Last week Ethereum price was $2340 and Bitcoin was $44+k now that Bitcoin has come down, the price of Ethereum is $2100 it has come down again and other coins are also down.

According to my opinion the interest among people for investment in crypto coin come into being due to successful past, present and future of bitcoin. The fact about the effect of bitcoin on whole crypto market is unavoidable. In 2021 when the price of bitcoin reduces so it puts adverse effects on other coins too therefore the overall market face a huge dump but that dump was a profitable phase for those who hold a keen interest for investment in different coins.

Altcoins can quickly show pumps and dumps but this Fluctuations would not effect bitcoin activity because bitcoin is not dependent on any coin in whole market. The coming Bull run is also because of bitcoin halving so as bitcoin will increase so same happening will begin with remaining coins.

Bitcoin is a cryptocurrency that heavily influences the market - but doesn't control anything. Traders and investors consider bitcoin to be the best benchmark in the market so its price volatility can impact altcoin prices. Bitcoin's market capitalization is much larger than others - so this is also the reason why bitcoin is a benchmark for altcoin price volatility.

I don't agree when you say bitcoin controls the market - that's never true. Crypto trading is done freely and is not controlled - but manipulation is possible. The average altcoin trader and investor uses bitcoin as a benchmark for analysis when they want to invest in altcoins - but that doesn't mean bitcoin controls the market.

Actually you have said it all because bitcoin have a very big effect on bitcoin and I know quite well that without bitcoin increment other cryptocurrencies like altcoins will not have enough support in the market so that is while many people do like invest in bitcoin knowing that bitcoin mastermind the increment of sub coins for growth, so therefore I believe that bitcoin is the genesis of increment of any other coins

So true. As you can see that how the dominance of bitcoin against altcoins have been representing how big the impact of bitcoin for altcoins. The pump has been occuring caused by the pump that happened with bitcoin. This is obviously crazy thing caused by altcoin totally depending on the bitcoin at this moment. Once bitcoin goes up then altcoin will not be following it instantly but once bitcoin doiing a small correction and it will be giving altcoins more space to increase its dominance against bitcoin.

It's hard to tell that if altcoin can become independent from bitcoin caused by in fact, it will never happen. Altcoin will always become very important parts for the cryptocurrency ecosystem. Glad to see that if we are seeing more people aware that if bitcoin is obviously affecting the situation in the market. You can try to watch CMC periodically and when bitcoin dumped, almost all of altcoins were facing the same trend as bitcoin.

It looks so crazy to see that happens but, this is how volatility works in the crypto.

The best time for accumulation Bitcoin if you look for altcoins check gaming ones, Avalanche protects and BRC-20 Tokens for example $SATS was listed on Binance and the early adopters of Ordinals (I bought my first Sats and Ordi on Bitget) are getting great returns. The Next year this tokens will make great profits so we should look at them with keen eye

I don't use the market of Bitcoin to predict the stock market. It usually doesn't go the way we think about it. But if you do believe that it has some effects on that market then good for you.
Regarding the alternative coins, yes it has a lot of effect when the Bitcoin value goes up or even down, let's not take that out because it does happen. I have no idea why because this is not the traditional movement back when no stablecoins are available.
The usual was Bitcoin up, Altcoins down and it just keeps on repeating. But ever since stablecoins were created it changed the behavior of the market. But every project should not like this kind of behavior because it tells that they are only relying on the movement of Bitcoin and they are not a stand-alone market. An altcoin is supposed to be moving because of the demand for its own coin and not because something else went up.

That is the real thing that happens and that is what we have witnessed because the market is relying on the price of Bitcoin. That is why investors are on the lookout for Bitcoin trends before buying altcoins as their basis for market analysis. When it pumps, the entire market rises but once the price of Bitcoin dumps, altcoins are badly affected more. I could say that Bitcoin has a manipulating power over the entire crypto market which is why, whatever happens to Bitcoin, the rest will follow.

Altcoins are prominent but most of these coins don't survive the hefty bear season because the team's behind the project are yet to increased the network level of their community, not alone stick on the trading volume and market cap. The bull and bear comes in one season, we should make effective strategy to ensure we're on the right track of the market other than allowing the market to take us by surprise. Bitcoin is top project in the market, everyone knows this piece of information and no one would be able help it when Bitcoin controls the market.

Trusted altcoins will always survive no matter what happened during the bearish trend. The only shit token is dead once the bearish trend is starting to occur. We have seen that many times if bearish trend was offering us the opportunity to buy at the cheap price. Just try to buy as many tokens as you can during the bearish market and it will be helping you so much to make a bunch of money for your wallet.

This kind of strategy has been exist since a long time ago but people are hardly trusting it right now. As you can see that is how it was going so high right now. Many tokens were pumping so high and im think that if we are late to join in the train
BTC is always affecting the altcoins and the dominance of bitcoin against altcoins has proven it too.

should watch out more on ordi considering the fact that there are rumour the exploit that getting taken advantage for inscription gonna be fixed in the future this could only means that the coin ORDI will have a chance of literally going to zero if suddenly inscription is not functional anymore but certainly I guess it will not hit zero as some people really like to speculate with some coin but definitely might have great impact towards its price.

this might be true but regardless its also indirectly affecting the market and therefore the market right now strongly leaning towards following bitcoin market trends and it happened in unison, whenever the bitcoin getting corrected many of the altcoin also getting corrected. that I guess,still an undeniable fact that bitcoin is leading the market with its humongous market capitalization.

The list of those altcoins that have been in this realm is very few and only a handful of them are working on improving their infrastructure. 90% of altcoins currently in the market are already dead or on the verge. In most cases, these are those coins that came into the market when it was a bull run, and when the market starts to follow the bearish trend they are then dumped. That is why the term shit coins exist in the market.

There is a term called "correlation" where Bitcoin and the stock market are somewhat correlated in terms of their price because both of them move the same... or at least there are times when both are moving in the same direction. Of course, some factors might cause both of them to not move the same like the sentiment of the investors, economic events, etc. Nevertheless, if you see the stock market go up in price, there's a high chance that Bitcoin will follow it. It's proven, and we've seen it many times already.

BTC isn't the one that's affecting the market, but the stock market. I believe that market sentiments are a big factor towards the movement of different assets thus, if there's some positive news being released that's related to the stock market, Bitcoin will also have a positive effect as well, or at least most of the time. Just reverse what you said. :)

Think about this. The Stock Market and Bitcoin have a correlation. Most of the altcoins and Bitcoin have a correlation as well.

Perhaps, you can never expect all these altcoins to grow and improve their potentiality because most of them are useless and have been made to scam investors. That is why only a few have followed the trend of Bitcoin while the majority go in the opposite direction (dump/die). If we are planning to invest in altcoins, we must be sure that we are investing in those altcoins that have been visible to the community and the price moves in the same direction where Bitcoin goes or else, we may invest in coins that give us losses, not profit.

Yes, btc is gaining momentum and because of that other tokens are performing well in the market, for example the same TFS or SOL

Bitcoin will always influence the crypto market as a whole. In fact, we have seen it from the start that the majority of altcoins also continue to follow Bitcoin's movements. But the increase occurred last week when bitcoin suddenly rose from 40 to 44k. At that time, most altcoins didn't seem to move much and only sideways. But after Bitcoin stopped rising or was in a sideways state, then Altcoins slowly started to rise. So altcoins often move too late to follow Bitcoin's rise. but in decline everything always moves together.

The price of bitcoin has alwsys lead in the market,  if the price bitcoin is increasing the price of altcoins also increases and if the price of bitcoin falls also the price of altcoins also falls. The price of bitcoin dominates the cryptocurrency market.
 This one of the points to prove that bitcoin has good value in the market,  and because of this value of bitcoin people prefer to invest in bitcoin than altcoins .

There's no doubt about that, but with Altcoins that don't have the strength, there's no need to wait for the Bearishness for just a few weeks, it's guaranteed to disappear from the surface, plus if it enters the 4-year cycle, all Crypto currencies will definitely plummet, whether in the big market or small market. , so it's not surprising to see that every time the market enters a 4 year cycle it will turn red...

Actually, at the moment when the prices of all Crypto markets fall, everyone will definitely buy some coins which at least have a big price increase and the income will also be big, because when entering a bull market, of course all Crypto currencies, especially Bitcoin, will go into halving and there will definitely be a slow increase in prices. at least it is a moment for us to make our money in long-term investments from purchases when the market enters a bearish market..

Bitcoin is know to be the king of all cryptocurrency so what ever happens to Bitcoin will surly shake the entire crypto network, we can see from the little increase to $44k that later came down to $42k, some altcoins also experience this same movement proving that they are just followers. However Bitcoin doesn't  affect only the crypto market but also some stocks, the current market seem to be fluctuating between $42k, but I believe before the end of the year Bitcoin might get to $44k.

The Bitcoin market was pretty good, but since the start of the war between Ukraine and Russia, the Bitcoin market went down a lot. Maybe those who invested in Bitcoin at that time suffered a lot of losses. In 2023, the Bitcoin market is once again on the rise. The year 2024 is expected to be very good for Bitcoin. Because the Bitcoin market is gaining momentum day by day so we can expect the year 2024 to be very good for Bitcoin.

I'm even expecting something more than that. It has already touch $44k one week ago (around Dec 9 precisely). Even though we have few weeks to go, i think it should touch $48k by the end of the year. Almost ever one is looking towards next year for the next bull run, so I pray BTC do well this coming year to put smiles on the face of all holders.

Thats really true, bitcoin can be indicator whether altcoin will also rise or not, whenever there's correction at altcoin, you should see the chart of bitcoin whether it has recently make a price increase or not then if it is, you can simply proceed to invest in altcoin then you can get ahead of the rally.
bitcoin influence undoubtedly is massive towards the general market, even at every correction of bitcoin the altcoin will also follow to get corrected, but im not surprised because bitcoin dominance by itself is already whooping 42% so of course it will more or less affect the whole cryptocurrency market.
i'd be more surprised if the altcoin are just rallying on its own rather than following bitcoin because thats gonna be impossible.

Few coins have made 2x 3x ... Even the ones like SOL AVAX has more than doubled due to BTC getting spiked from 16k levels ... Guess if someone plays safe from now on one can make good amount of gains .. as halving is just around watch out for multiple swing moves .. always choose those coins which has strong fundamentals and if possible avoid meme ones as they can fall anytime !

Bitcoin has bigger influence in the market and that had been the reason why many crypto projects had been doing well in the market.
There are so much money to be made in the cryptocurrency market and we don't need to be feeling like we don't understand what to do to make money in the market. Cryptocurrency is always influenced by Bitcoin and we should not be surprised by that. We are into make profits and nothing apart from that.

Most of the times it is seen that Bitcoin influences the market. But Bitcoin's dominance drives the price of other altcoins. If the price of Bitcoin goes down in the crypto market, the whole altcoin market starts to go haywire. Bitcoin is one of the most reliable assets in the market. So investors become interested in Bitcoin investing, rather than focusing on altcoins either retail or institutionally. When the price of Bitcoin rises, stock traders are also attracted to Bitcoin. Compared to the last few years, the market value of Bitcoin is slowly increasing now.