Bitcoin Forum

Do they really? I often encounter this statement. And i have no idea as to why. This past few days, bitcoin is on the rise and most certainly than not altcoin's price surely follows. I am not saying this is bad but altcoins have very little in common with bitcoin. And they are certainly not carbon copies of bitcoin either. Why the heck is their price so closely connected despite being so fundamentally different?

can seem like no matter what happens, the major altcoin prices follow Bitcoin's price, even when it is illogical. We ask, “why?!” UPDATE FEBRUARY 2018: The article below was written in October 2017 when Bitcoin was outpacing alts after a market-wide correction. It was then updated in December 2017 ...

Yes they do.
I've seen it happening myself some months ago, while watching in two different monitors the BTC/USD, ETH/USD and LTC/USD prices.
I was watching Kraken (for 3 days), running the charts plus 3 indicators, and all the charts (plus the indicators) looked the same.
The only explanation was, that the majority of the transactions was made by bots, running the same parameters.
If someone else has a better explanation, feel free to express it.

I think both are connected in a trade that creates a high demand. some users want to make a profit by selling alt and buy bitcoin, some other users sell bitcoin and buy alt. please correct me if my opinion is wrong.

Why altcoin prices often follow bitcoin prices, I think bitcoin prices are very influential for altcoin because altcoin is made to mask weakness of bitcoin, besides altcoin and bitcoin are very related and need each other especially when supply and demand of international market has increased or decreased .. .

Because this whole thing is not stocks. When bitcoin have it own bull run more people tend to buy altcoins as they feel confidence in the market and because they are looking to get profit they are going into altcoins as with altcoins you can double your money faster than with bitcoin. When bitcoin is moving down there is less confidence in the market and everybody wants to preserve their value they have gained and thus they tend to switch to big cryptos such as Bitcoin, Ethereum or even fiat currencies or USDT - tether to try to save their value from going down.

So at the end as bitcoin is the biggest out there it provides the confidence in the market.

May be it is because all alts are trading against bitcoin and orders are agaist bitcoin, so when bitcoin price to dollar changes, altcoin price to dollar also changes. But may be I wrong.

Because bitcoin is the leader of the entire cryptocurrency market.
The move from bitcoin shows confidence in the entire cryptocurrency market.

Maybe because at bitcoin 37% of dominance in the whole market is crypto-currency? On many stock exchanges, altcoyins are traded only with bitcoin. Pairs with the dollar are often not, hence the direct dependence

alt coins are directly proportional to bitcoin price every altcoin react direct to bitcoin fluctuations as the bitcoin price increases altcoins price dump this is happening right from the beginning of cryptocurrency market invention

Most of the exchanges have BTC/Alt pairs and Even with ethereum. The problem is the market cap, When BTC price up, People going invest in altcoins. When BTC price down Altcoins dump. Becuase People are panicked with the market. Even Eth price going down with BTC.Most exchanges not having USD/Altcoins pairs.If more and more USD/Altcoins available, Altcoins prices will be stable in the cryptocurrency market.

Still, BTC is market giant, People believe strongly.

the reason for it does not matter at all, although you can speculate about it as much as you like and it is interesting to think about it.

this first question of yours is the important part. and yes they do follow bitcoin downwards but not always upwards. this is the thing you need to remember which means if bitcoin falls they will fall but if bitcoin rises they don't necessarily follow it up.
knowing this, you can adjust your strategies and make a lot of profit. for example if you see bitcoin drop you can short ethereum and other big coins and make a lot of money.

I really do not know about this, but I see the price of BTC is decided on the Crypto market. If the price of BTC is high, other altcoin also increased in price and vice versa. Perhaps BTC is king in the Crypto market.

I noticed this as well. So it's generally a safe plan to follow BTC and trade your altcoins accordingly.

It is definitely psychological. Bitcoin carries whole weight of the market on its shoulders. Its strength gives people relaxed position so they divide their money on different altcoins and pump them higher. Sure of it.

Cuz Bitcoin is the only gateway between fiat and other altcoins(especially with small cap),everybody use it to trade with alts
And it`s psychology, when btc is in correction,people think that alts`ll go down too,and sell, very simple market:)

If bitcoin prices rise, then there are some altcoins that could potentially experience price increases as well, cause, maybe a lot of selling altcoin to bitcoin which resulted in altcoin prices go up.  As demand rises or more, there will be price increases.

This is really hard to answer, the first one altcoin grows thanks to the capital mobilization, the capital mobilization from the ICO projects are based on the BTC to buy and sell, people see the BTC is the king of the market Crypto, as the price of BTC fluctuates, other investors fear altcoin and they also sell on the market, so the altcoin prices have fallen.

Bitcoin is like king and all altcoins must follow it, this is the cryptomarket principle. That is because people selling bitcoin for altcoins and conversely. The market has been  working since the beginning and this principle has to be preserved, you just have to get used to it

because altcoin exists before bitcoin and altcoin are heavily dependent on bitcoin. altcoin and bitcoin are connected. and altcoin can not live without bitcoin because all altcoin is sold to bitcoin so altcoin price is very influential to bitcoin.
other than that because when bitcoin goes down then there will be public panic to sell their altcoin assets and as more and more people are selling their assets eating this will cause altcoin down

Everyone knows that bitcoin is the most popular digital currency and is now the benchmark for everything related to the crypto world. So it's not unusual when altcoin prices always change when bitcoin prices move. This is indeed a normal thing to happen, altcoin prices will always follow bitcoin prices. Bitcoin remains the best and may now be said to be usd dollars, as in the real world that usd dollars always be the benchmark of various values ​​in the world's Finance system.

 We can't deny that all altcoins were dependent on bitcoin in terms of price because it has a big market cap and users. Therefore whatever changes in its value will affect another coin as it is  the barometer of the stability of cryptocurrency in the market.

It doesn't always happen. Sometimes bitcoin is falling and alts are going up, like in January 2018. Yet the tendency of it being the case is usually observed when the bitcoin's marketcap dominance is high or increasing. This happens during bad times when the market is bleeding. People tend in such cases to trust only btc and sell everything else more than bitcoin. When btc get stable on a reasonable price, other coins might trigger the upper movement. For instance, this month we saw IOTA, Ethereum, Ripple and Eos moving up at different time, encouraging other coins to go up a bit as well.

I want to say, alt-coin prices often follow bitcoin price because, once value in btc drops; it outrightly affects altcoins prices and this forces people to dump.

For example, if bitcoin is 8000$, ELF is 1.5$ - 3$
Then if bitcoin drops to 7400$, ELF goes to 0.6$ - 1$

circumstances as above, would always diminish values of altcoin, thereby causing an unprecedented dump

Robert Shiller described phenomenon like that in his most popular book. Explore "Irrational Exuberance" for yourself.

Because BTC makes trend its like Gold but in crypto sphere, it is main standard for all coins and if it goes up the whole market follows and and if it goes down all other coins are falling faster than it.

Because Bitcoin is  1st crypto currency that's why whenever Bitcoin has good news and in green market for some weeks all altcoin traders start buy altcoin they like it's the main reason to altcoin following Bitcoin ralley.

Because most of the altcoins are traded with Bitcoin. Not many have fiat pairs.

In my opinion, altcoins rise in line with bitcoin because once the trading altcoins mostly depends on bitcoin trade too. The day traders I believe use bitcoin or their altcoin trade and once the trade volume of bitcoin rises, those altcoins rise too.

for the common folk they are like brothers. and people assume that whatever affects this coin should surely affect that coin. those assumptions create beliefs which in turn fluctuate the market

because with the increase in Bitcoin trigger the development of Altcoin. so if Bitcoin increases, Altcoin increases. besides the development of Altcoin always follow Bitcoin.

Altcoins usually follows Bitcoin price because they are using It as the main currency to trade. And maybe every single altcoins has a big connection to Bitcoin which make it their basis for the fluctuation of their price.

Bitcoin is old and brutal, he is like a old hunter who knows the path. And young hunters wisely following him. And if serious, I think that the reasons are reputation and capitalisation.

This question has been asked multiple times in every crypt-related forums but there's no definite answer as to why altcoins tend to follow bitcoins price. The only reason I can think of is that bitcoin is the "king" and that most altcoins are paired with bitcoin.

I think its because bitcoin still benchmark for market. When bitcoin price drop, maybe people who hold altcoin trying convert their altcoin for bitcoin and thats make altcoin price following bitcoin.

well i think it is because bitcoin is the core of cryptocurrency as a whole. bitcoin dictates and altcoins follows. although bitcoin's price is unpredictable but the growth of it is a growth of cryptocurrency.

Bitcoin is king of Cryptocurrency but this is not a exact reason. More than 1500 Cryptocurrencies are listed in the market but most of altcoins are different criteria to follow the pump and dump. But major altcoins are follow the Bitcoin value so big investors are investing in both Bitcoin and potential altcoins once panic to stop the investment automatically affect the total Crypto platform.

because most popular pairs are BTC and ETh almost on every exchange and when bitcoin goes down many selling their altcoins for btc and eth and that why their goes even more down,boths, altcoins and bitcoin. We need more trading pairs on exchanges,so its harder to dump th whole cryptomarket

Actually its not all the altcoin that goes with the flow whenever bitcoin the leading crypto  increase its price, preferably the mineabnle altcoins are the ones who goes with it but not all, as your going to see and check the market, altcoins deal with the price of bitcoin because if the price of bitcoin increase the more traders go with the law of demand and supply.

Because bitcoin as master in crypto.course bitcoin movement so reference for altcoin other.
However, altcoin's selling value can not exceed the altcoin selling value.

Bitcoin is the first crypto currency. It's popular and with very little supply, next to exploiting a bitcoin, you have to spend a lot of money to exploit bitcoin. Bitcoin is the currency that people always want to own, which gives it the lead in the cryptocurrency. You can see that bitcoin decreases the altcoin decreases. Bitcoin increases, all altcoins increase, but you may notice, Bitcoin increases to a certain extent, altcoin can recover prices again. Bitcoin can be said to be worth the price for the altcoin and stabilize the market price.

In fact, no difference. And that and that - кpиптoвaлюты. If we talk about any specific crypto currency, then the difference, of course, will be. First of all, this is the algorithm on which the crypto currency lockdown and the type of encryption used in the blockroom work. But most importantly, what interests users is the price of a specific crypto currency and the possibility of mining.

While prices for altcoins are highly dependent on the price of bitcoin. But there will come a time when the altcoyins will begin to live their own lives and not depend on bitcoin. This will happen when the market capitalization is greatly increased.

Don't in any way have resemblance in price in the market. Can a mother in any way have the same price with her daughter in a real world? aren't the two female? if mother is $10,000 then daughter will be $6,000-100, varies with value place on them. i think that there will be a time were altcoin price will often follow or will follow Bitcoin price. Just my candid opinion.

True and just because of altcoins paired with Bitcoin it's doesn't mean it should always following Bitcoin trends , just in the most case it is due some altcoin has no conventional currency pair , that's why it follows.
But when there's a pair to usd or euro etc sometimes it dropped due the altcoin stay stronger at conventional currency pair rather than to Bitcoin pair , as for the result it's not always.

dunno , i get this pattern

btc up --> alt coin down ( but the usd sometimes up )
btc down --> alt down
btc stable --> alt up

i think because btc the fundamental of crypto , so they are following to it

Some alternate coins follow Bitcoin because it has become a basis of prices for almost every other alternate coins and Bitcoin is one of the fastest way to convert it into real money and because of this reason, it follows the price of Bitcoin to set their own standards.

Yes it does.
When you are about to buy an altcoin that catch your attention. What do you need before purchasing that coin? Bitcoin, right? so that's it.
There's a domino effect and bitcoin's dominance was followed by the altcoins.

Yep this is the pattern that what is noticeable during the market ups and downs. You can also add btc up --> alt up. It's unpredictable.

I think people focus on bitcoin and when they see that its price is falling or rising, they start to sell or buy altcoins.

Honestly, everything in the market  is related to the development of Bitcoin, so when it will rise, then the majority of cryptocurrencies will increase too and the same thing happens when the opposite is achieved . Furthermore, the most of crypto are the followers of Bitcoin and for example, when we saw the last crisis in Bitcoin ( when their price dropped to $ 7000 and $ 6000 ), then all the market ( like, Ripple, Ethereum, Cardano ...)  decreased with a huge value and this is an expected thing.
In my opinion,  this is  the main reason the relation between Bitcoin and Altcoin's :
( selling Altcoin + buying Bitcoin ) & ( buying Bitcoin + selling Altcoin ) = Equilibrium

Well, the answer is plain and simple: because Bitcoin is the top dog, the original, the first, the chosen one, whatever you want to call it. It is the biggest price and biggest influencer due to it being most widely used as crypto currency.

The same question that comes to my mind. What you mentioned is something I am observing. What exactly is the relationship of bitcoin and altcoin seen from the price so that altcoin is seen as the tail of bitcoin. I think maybe it's connected because of the demand and the sale of both. When bitcoin prices are high, many investors are trying to invest in altcoin to take advantage of the situation.

Altcoins are all paired up with bitcoin in their trading pairs which the reason why the price of bitcoin affects the price of altcoins so much. When the transaction volume for bitcoin decreases then that also means that the amount of bitcoin being used for trading has decrease and makes the prices of altcoins drop

It is bound by one simple reason, bitcoin it's a currency in the whole cryptocurrency market and all the coins are traded in pairs with him so we have such a situation

The price of altcoins in this market always depends on the Bitcoin price is understandable because Bitcoin is currently the number 1 market as well as the highest exchange rate in the market. Thus the exchange rate of the entire cryptos will depend on Bitcoin rates. If the exchange rate of BTC decreases, altcoins increase and altcoins increase, BTC will decrease.

Most altcoins prices or values are depending on Bitcoin like many currencies depend on the value of dollar they are in similar way so you can't say that some altcoins can snap the position of the Bitcoin as the top with the top price.

The question is interesting. I havent thought the reason yet but unfortunately altcoins depend on Bitcoin which makes me angry. There must be more indicators other than Bitcoin or buy-sell balance.

I think altcoin price following bitcoin price because bitcoin have biggest market cap in the market and when bitcoin price drop, many investor will worry about altcoin and start to selling too. Investor always make bitcoin as bencmark in cryptomarket and I think thats affecting on altcoin

it is a very easy question to answer. as we know, bitcoin is the parent of altcoin, so the benchmark of altcoin prices is bitcoin. if bitcoin prices are in trouble, so auto altcoin prices will also be problematic,  vice versa.

Virtuallly because btc is the king of crypto and it sets the trajectory or pace for other cryptos to to follow. Look forward to a day alts price wont have to be dependent on btc but it obvious it is not now.

Indeed it is a strange behavior, because normally when one asset rises, the others have to go down with respect to the one that rises. Perhaps its one of the many mysteries of crypto currencies.

Undoubtedly, by and large, altcoin's depend on the "big daddy" of BTC, although it happens quite the contrary, as they said earlier <Bitcoin is sold for purchase Alt>. Most altcoin's I believe is also dependent on Ethereum. I do not have enough experience to say for sure, I only delve into the cryptocurrency market every day and am glad to learn to understand it. If somewhere is wrong, then correct me!)

because bitcoin also requires bitcoin so altcoin also requires bitcoin because both coins need each other and thus if bitcoin is down and altcoin also follow its movement because of the parent bitcoin of all altcoin

I had been observing the cryptomarket for almost 6 months now and I usually observe the same thing if bitcoin goes up, every altcoins will dramatically follow. I believe that altcoins and bitcoin are correlated with the other where Bitcoin is the baseline for every market movement in the crypto world and I believe that my observation is near from the actual situation. My thoughts though.

BTC is the first currency of crypto. Enjoys wide popularity with a huge margin. Therefore, it has an advantage in the market, as the price of BTC increases, so does the cost of many other coins.

Also noticed that with the decrease in the price of BTC cheaper and some other coins. After all, this is actually the market leader, which stabilizes the price in the crypto market.

Actually kucoin is a nice and easy exchange to use but there is a curse on kucoin, listed coin falls low

Not all altcoins, but if you imagine that there are no significant events for given altcoin, it's very likely its price will follow bitcoin movement. It's natural because mostly the updates on bitcoin regulation etc directly apply to altcoins either

May be it is because all alts are trading against bitcoin and orders are agaist bitcoin, so when bitcoin price to dollar changes, altcoin price to dollar also changes. But may be I wrong. :D

The course of many altcoins follows the BTC, this is a normal situation. After all, the main coin of the market became the basis for the formation of the courses of many other coins.

Because Bitcoin is the king of cryptocurrency world and I think almost altcoin on the crypto market also have pairing ALT/BTC and ALT/ETH if they listed on exchange :). Only few good altcoin can have pairing ALT/USDT. I think it's the only reason why altcoin price often affected by by Bitcoin and Ethereum price :)

Sometimes I almost always witness it. Whenever Bitcoin is moving, almost all the altcoins become one place. I think the incomprehensible side is bitcoin, but altcoins are falling, and if they are not, they are falling. In the end we are always losing :)

Bitcoin can never be compared to Alts because it is the mother coin, the pioneer coin well known globally by both users and non users, including investors/traders knowledgeable about it or not. I feel the dump of Bitcoin at its bearish period are in most cases lead to the boom of some Alts at an advantage then, where the price shall increase, while on the other hand, the boom of Bitcoin at probably the bullish period leads to the fall in value of some Alts or high following suit the trend of the Bitcoin hike.

May be it is because all alts are trading against bitcoin and orders are agaist bitcoin, so when bitcoin price to dollar changes, altcoin price to dollar also changes. ;)

Some alternate coins follow Bitcoin because it has become a basis of prices for almost every other alternate coins and Bitcoin is one of the fastest way to convert it into real money and because of this reason, it follows the price of Bitcoin to set their own standards.

All money coming out of the crypto money world is BTC based. The creator of the money world, Bitco. It has been a long time to establish a connection to the pazara and to gain value.

They do. I have answered a similar topic regarding this one and justified the answer using this example:

" Let us take ETH for instance. If you want to buy/sell ETH in BTC Market (ETH/BTC), the price is in terms of BTC (i.e. 1 ETH = 0.1 BTC). So if the value of 0.1 BTC now is $700 then 1 ETH = $700, after a day the value of 0.1 BTC went down to $600 then the value of 1 ETH would be $600 as well (saying that the conversion factor of 1 ETH = 0.1 BTC does not change). "

We often experience this when the price is dropping than when the price is increasing. This may be because there are more transactions when the price is increasing, thus, there's much volatility. On the other hand, when the price is decreasing, there are less transactions and the price of altcoins solely depends on Bitcoin's.

Or is Bitcoin following the price of altcoins? Ethereum dropped so heavily because authorities want ico regulations. I think. So maybe altcoins (and bitcoin) follow Ethereum. If Ethereum drops, people buy it because the price is better. And what do they buy it with? With the selling of other coins. This is how the whole market dips when Ethereum makes huge drops.

Maybe because bitcoins price becomes the standard value of all altcoins and they somehow depend on that. Given also the fact that bitcoin is the pioneer and oldest coin or cryptocurrency existing on cryptoworld. As long as you will get profit, its good.

altcoin there after bitcoin began to grow. they follow a bitcoin because bitcoin was the first or King in crypto. even though it is actually not very fair because altcoin also has the potential to be more than it is these circumstances, however, bitcoin that currently exists. Maybe in the next few years, this system will change and it will appear altcoin that can thrive even though there is no role of the bitcoin.

because every bit of Bitcoin is improving, Altcoin is trying to keep up with the increase in order to be a considerable price. so that where Bitcoin is improving Altcoin will try to keep abreast of its development in order to be able to compete and be able to compete well with Bitcoin in the future.

I also agree with you. Bitcoin is the coin first appeared on the cryptocurrency market. The price of bitcoin is always the highest in the market. But today, the need for human development is increasing and the altcoin born to meet that. Bitcoin and altcoin interact with each other. As bitcoin increases or decreases, other co-altcos will also affect bticoin. Because bitcoin is the strongest coin on the market for cryptocurrency.

Yes they do. If you'll analyze the graphs of altcoins and of Bitcoin, you can see major similarities. Even though they are not accurately parallel, the pattern is there. The reason for this is that the altcoins are priced based from Bitcoin and not from fiat. With the direct connection of altcoins to Bitcoin, whatever the trend of Bitcoin, altcoins follows.

You may not pay attention to observing the influence of the outside world on the cryptocurrency market. The first is the accusation of many news on tokens! The second is that the exchanges are attacked. These problems attack the entire token market!

I think we just need to look at the flow of funds into the market will understand that when a sum of money other than cryptocurrencies enters the cryptocurrency, the usual practice is to buy Bitcoin or Ethereum as soon as possible, and then Buy bitcoins or Ethereum to buy altcoins again, so once bitcoin prices fall or rise, altcoins must follow.

All just Bitcoin is the legislator of cryptocurrency fashion)) that is why the price of altcoins is completely dependent on the price of the main coin.

It is because atcoins are totally dependent in bitcoin even Ethereum. The price of altcoin are usually base on Bitcoin's price and not in fiat currency. That is why when Bitcoin rise and fall, altcoins will always be affected.

I believe, that this happens because bitcoin is somelike a flagman of a cryptoworld, like whole world smartphones are following apple

Most people think that bitcoin is the only cryptocurrency in the world, so maybe because of that every other alt must follow it

It is the trading pairs. Go on any exchange and you will see that all of the coins that are there have trading pairs with bitcoin. When the price of bitcoin is going down, it usually means that people are not buying bitcoin and if people are not buying bitcoins then they are not trading in these coins with bitcoin. The price of all of the altcoins in the market are dependent on the price of bitcoin

it is normal that all coins generally under the name of altcoins must follow the price of bitcoin as they all have their price referencing through the bitcoin price whether directly or indirectly, it actually all works has a value in the satoshi of the bitcoin units. thanks

I think it's because Bitcoin is the mother of all coins and therefore Bitcoin is the benchmark for all coin beneath which Bitcoin is.

I had been observing this for quite sometime and my opinion to this is when bitcoin will rise, altcoins will follow probably many people will be buying again more alts. This creates a high demand on the altcoins that in effect the price will also follow to increase.  Bitcoin and altcoi s are mainly correlated with each other.

because every development that occurs in Bitcoin, Altcoin tries to follow it and strives to be a coin that is always able to compete with Bitcoin and fight the flooding currents to move forward in the future. besides with its increasing development makes Bitcoin so expensive. and Altcoin is inspired to continue to pursue it.

Bitcoin has its account over over the other coins. multiple people and multiple country received BTC, do that you want to change the cash must be changed through BTC or ETH, such as the token to be different dependencies on the BTC. I think probably in the following year to BTC will be no be the king on the field, ETH will replace BTC.

Bitcoin is like a people confidence in the crypto market index. When it grows more people believe the other alts will grow and tend to buy them, so the demand and prices grow and the positive trend starts.

This is what I also observe, when bitcoin price increase most of the alts also increase and when it decreases most alts also decreases. I guess the mother of cryptocurrency is still in control of the crypto economy.  :P

of course, we all know that bitcoin is the first cryptocurrency. it can be said that bitcoin is the parent of other coins. certainly, bitcoin prices will be a reference for other coins as well. so it's not wrong if bitcoin prices will affect altcoin prices.

In my own opinion bitcoin as king of altcoins are not possible follow the price of altcoins into bitcoin price value if the bitcoin price goes dump of course altcoin price goes lower value but if the bitcoin go uprise the altcoins price will follow to increase in their king.

Because this market is the game of bitcoin. The market capital in Bitcoin is the biggest capital and it is like the Index of stock market. Its also because of market psychology. When bitcoin downs, people dont believe in crypto anymore, they thought bitcoin is the best but still can not servive so how can all the altcoin up. That why they sell the altcoin too, if the bitcoin price is decreasing.

not all altcoin prices follow bitcoin prices, for example there are some coins that are opposed to bitcoin prices, such as MTC coins. but most indeed altcoin prices follow bitcoin prices

Bitcoin is different from the conventional currency seen from its volatility. If the conventional currency is backed up by the state, then Bitcoin is not backed up by anyone. Bitcoin is backed up by itself, just as gold is not determined by anyone.
Pure Bitcoin value is influenced by demand and supply.
Many factors affecting demand and supply include: the policy of a country to bitcoin, the ups and downs of the investment climate, the psychological condition of bitcoin business people, news and so on.
While the questions agan why-why, more to the psychology of the culprit.
That's my boss

Bitcoin is the primary intermediary for exchange purchases. The liquidity of bitcoin is quite high. So, the market went down, people selling altcoins out bitcoin and out dollars, causing altcoins prices to fall under Bitcoin. As bitcoins increase, people are also selling altcoins to bitcoins that also lower the price of altcoins. So, just when Bitcoin sideway, altcoin grows back.

there are a couple things to consider:

- When you look at coinmarketcap, the prices you see are actually what the price of the coin is in btc, then that btc value is converted to usd based on the going rate of btc.
So, if Altcoin #1 costs. .001 btc, and then price of btc is $100, then Altcoin #1 will display as $1.  Is the price of btc goes up to $1000, and Altcoin #1 still costs .001 btc, then naturally it will increase to $100. So, most coins go up just based off of the value of btc going up.

- Sometimes an altcoin loses value even when btc goes up because it's price per btc has gone down.  For example, Altcoin #1 cost .001 btc.  But the price dropped to .0001 the next week.  Even if the value of btc goes up, on coinmarketcap, it will display as Altocin #1 going down in value.

- Coinmarketcap is an average of the going rate for each coin/token.  It gathers data from exchanges and averages it out.  So prices are not entirely accurate.

- The reason why btc is used to calculate value is because it is the only coin that can be widely traded for fiat (buy and sell it using real money).  So it has the most reliable indicator of $usd price because the data is wide and varied.  however, it is still somewhat innacurate because it does not include direct p2p trades from places like localbitcoins.com

This is all tied up by one simple reason, the bitcoin is the currency in the entire cryptocurrency market, Altcoin is all paired with bitcoin in their trade pairs which is the reason why bitcoin prices affect the price of altcoin so much, When the transaction volume for bitcoin decreases then it also means that the amount of bitcoin used for trading has decreased and the price of altcoin down.

In addition, or instead of what was said above:
new people who come to the cryptocurrency, first of all they hear "bitcoin";
this forum is one of the largest in the world, begins with "bitcoin";
a lot of videos on YouTube with the word in the title "bitcoin" ...
Of course, first of all they buy BTC. Altcoins learn later. Thus, the alts are follow for.

Someday the situation will change.

In fact, altcoins are tied to the price of bitcoin, as on all exchanges are sold in a currency pair with It. So so. They say that in the autumn waiting for the jump of Bitcoin, respectively, on the altcoins will be very tasty prices)

Everything is connected in this crypto world. Bitcoin is the mother of all currencies (I mean sure, digital money). That is why when BTC is up, alts are rising, when Bitcoin is down, the coins are falling.

I think both are related in a trade that makes an interest. a couple of customers need to make an advantage by offering alt and buy bitcoin, some unique customers offer bitcoin and buy alt. you should change me if my inclination isn't right.

Actually, no distinction. Furthermore, that and that - кpиптoвaлюты. In the event that we discuss a particular cryptographic money, at that point the distinction, obviously, will be. Above all else, this is the calculation on which the cryptographic money lockdown and the sort of encryption utilized as a part of the blockroom work. Yet, in particular, what intrigues clients is the cost of a particular digital money and the likelihood of mining.

Because altcoin has a lot of whales. Whales push up the price of bitcoin. Attract cryptographic investors. When bitcoin stopped rising. Whales are turning to altcoin. That's what I found out

I wrote about few minutes ago almost same things. Bitcoin has a big trust on market. If this trust get any damage, all other coins will be damaged also. Bitcoin represents all other coin in crypto world. This trust needs to be protected. We've already saw what will happen if BTC go down quickly like happened in February,2018.

Bitcoin is the first crypto and the leader of cryptocurrency market and  altcoins work mostly in a set called  trading pair with Bitcoin or another much larger cryptocurrency. That's why, relying on Bitcoin as the accepted form of payment.

As I would see it, altcoins ascend in accordance with bitcoin on the grounds that once the exchanging altcoins for the most part relies upon bitcoin exchange as well. The informal investors I trust utilize bitcoin or their altcoin exchange and once the exchange volume of bitcoin rises, those altcoins rise as well.

I think this is due to the fact that the most basic trading pair is altcoin to bitcoin. In General, Bitcoin is the leader of the crypto market and everyone behind it

I think it's not always that way, because recently Bitcoin went up quite big but altcoin did not keep up with a comparable ratio. But the price will always have a correlation, because many investors who buy only wait when global market capitalization increases. And with the magnitude of Bitcoin dominance, I think the global market will be determined by the performance of Bitcoin.

That's because everyone is waiting. When Bitcoin rises, then we will start buying Bitcoin. Some buy with altcoins, and altcoin prices will be cheaper while Bitcoin rises. If this lasts long enough, many investors will begin to be interested in buying altcoins, and a lot of fiat money starts to enter, and in general all prices will increase.

Some altcoins do not base on BTC. They base on USD. USD is easier than BTC. And when the projects is successful, their price do not base on BTC anymore.

In my opinion, technology and prices do have an effect, but maybe they are two different things.
Crypto will always be determined by consensus, although one of the variables is technology.
When Bitcoin is pumped, many fiats enter because they expect the market to be bullish.

basically, bitcoin is the first cryptocurrency. can be said that bitcoin be a symbol of cryptocurrency. so as long as bitcoin is still the most superrior coin, then surely the price of bitcoin is a reference for the price of other coins. but not all altcoins follow the price of bitcoin.

Bitcoin price reflecting investor confident. More expensive bitcoin price, more confident investor in market. Most trading pair in market using BTC as benchmark and as biggest liquidity in market, bitcoin will affecting on altcoin price. Beside that, bitcoin dominance in market right now more than 45%

Bitcoin is the leader of the crypto world, all the altcoins follow him .  I do not know why this is happening but bitcoin sets the trend

Because Bitcoin is like an indicator of whole crypto industry. When BTC rising, everyone transfer their money from altcoins to BTC to earn some money. When BTC down, altcoins also down. And only when Bitcoin isn't moving, it's your time, when season of altcoins starts.

this is the difference from bitcoin and altcoin. the influence of bitcoin is very large on growth and decline for all altcoins that have entered the exchange. bitcoin is the first crypto and no one can be managed by anyone or country or company. This is different from altcoins, which has a team and a developer that will be very easy to manipulate.

actually the first, between the altcoin and the instead bitcoin flips. When the price rises, then the bitcoin altcoin going down. and vice versa. However, now that looks altcoin price thus followed the bitcoin. When the bitcoin down, altcoin join the down. This is very troubling.

Mostly, the altcoins will follow the Bitcoin price in the market. Only few coins that don't really depend in this first cryptocurrency. I myself think that the reasons may e the first crypto in the world still becomes the standard. We can make some analysis actually. But, it makes sense because many people use this coin as the manner of transaction in buying or selling the coins.

actually, not always altcoin follows the price of bitcoin. there are several altcoins that don't follow the price of bitcoin. although most of them follow the price of bitcoin. which i know is that the price of bitcoin and altcoin are unstable, sometimes rising and sometimes also down simultaneously. we can only follow the plot.

in my opinion Altcoin and Bitcoin both have large markets and both have high demand. can also be called blood relatives. there are some users who want to get to and sell Bitcoin on Altcoin, or maybe vice versa.

That is especially true when co-altcoins do not have a great deal of development.
Often the price of bitcoin affects a lot of the coin involved. Why?
Because bitcoin is the main coin of most currencies in the market

I think this is due to the fact that the main currency pair is altcoin to bitcoin. Therefore, any fluctuations in bitcoin reflected in the price alithinou.

I additionally concur with you. Bitcoin is the coin initially showed up on the cryptographic money advertise. The cost of bitcoin is dependably the most elevated in the market. Yet, today, the requirement for human improvement is expanding and the altcoin destined to meet that. Bitcoin and altcoin connect with each other. As bitcoin increments or declines, other co-altcos will likewise influence bticoin. Since bitcoin is the most grounded coin available for cryptocurrency. Everyone wants to follow the topper as bitcoin is always at the top so it happens.

Maybe  this is because both coins affects the trade industry and bitcoin being the legend of cryptocurrency has been the leading of all when it comes to value and popularity. The law of supply and demand may also affect its current pricing.

Bitcoin at the moment is the leader of the crypto currency! This is a product of good and competent marketing! And all the other altcoins are not yet known to a wide range of people! And in order to buy altcoins, you buy bitcoin, then it starts to go up!

That is because all of the altcoins have pairings with bitcoin so whatever happens to bitcoin happens to all of the coins that are in the market, if there  is not enough trade volume on bitcoin then that means that there is not enough trade volume on the coins themselves so as the price of bitcoin goes down, so do the prices of the altcoins go down.

Yes, generally speaking, bitcoin is most recognized by everyone. It can serve as a vane for the market. When bitcoin goes up or down, other coins react with each other.

Because ther are close connected with each other. Btc influences on alternative cryptocurrencies and the influence on Btc as well, it is the cycle.

I think that the main reason is Btc's dominance on the crypto market which is able thanks to its being foundation of the crypto market among other coins. I am sure that will be changed but totally not in the nearest time, it needs in the base for such great correction.

It is very simple because bitcoin has a very large community. A lot of people use it to transact. In addition, bitcoin is the coin first appeared on the cryptocurrency market
Also, if you look at it, you will see trading pairs on the trading floors that are usually associated with bitcoin  ;)

Because everything is trading with BTC pair. Without BTC or ETH you can't buy nothing on alts market, so they follow the main cryptocurrencies. I don't love this situation because it doesn't look like decentralization.

I think bitcoin market is the major bases by other coin because this is the one prior promoted coin in this technology and altcoin is just created to support bitcoin as an exchanging payment.

Altcoin prices follow and react to that of bitcoin because majority of investors fund is in Bitcoin and when the market sentiment is positive, the altcoin benefit and when market sentiment is negative, Altcoin is worse hit and become the victim of circumstance!

Altcoins learn from Bitcoin, how they stand and how they can enter the market so investors are interested.

Altcoins are only chess pawns that are controlled by KING (Bitcoin). Maybe that's the concept of Altcoins that always follows the price of Bitcoin.

The digital market is actively developing, and the alternative monetary units that are directly involved in the process of its formation show significant progress. Over time, they occupy certain niches, which in turn becomes the main reason for changing the trend of their pricing. Thus, these crypto-currencies are becoming more recognizable, which increases the interest of traders to them, and also weakens their dependence on Bitcoin.

because the market is very bound by bitcoin. this is the fact.
you can see if bitcoin goes down, it will have a bad impact on the altcoin, and so does bitcoin rise. altcoin can get worse. so when bitcoin tends to be stable, that's when the altcoin will be pumped.
I think you should try to learn how to analyze

Hi I have some alt coins which I want sell at cheap rate PM me

At first, I was also confused when the price of bitcoin dropped and altcoin prices also fell.
I think Bitcoin has a big influence on the price of Cryptocurrency in the market.
No wonder the prices of Bitcoin and Altcoin are interrelated because Bitcoin is the oldest coin that appears in the Cryptocurrency market so that Bitcoin is used as a reference price for other altcoins.
This is why Altcoin prices always follow the price of Bitcoin.

Bitcoin price movements are generally able to influence Altcoin prices. The relationship is not always predictable, but there are some of the most common trends.
In simple terms, there are several trends that have historically occurred between Bitcoin and Altcoins. However, it should be noted that every event in the future is not necessarily the same as the conditions in the past, and anything can happen.

In general, the main currency in the crypto market is Bitcoin. Despite fiat currency,
Ethereum, and Tether are also often used, but Bitcoin is the main currency. In other words, Altcoins tend to be used to fund Bitcoin running, and Bitcoin tends to fund Alt operations. Given this relationship, the movement of Bitcoin prices tends to have an influence on the price of Altcoins.

In short, Bitcoin is the economic center of all crypto currency markets. Because the BTC trading partner is on every exchange, the influence of Bitcoin on Altcoins will always be there. So, the correlation is only centered when people start taking profits or cutting losses in Bitcoin, by choosing Altcoins or Fiat (USD, EUR, GBP, etc.) when certain conditions, and vice versa.

Because Bitcoin is the leader of the entire cryptocurrency market . It is the same as on fiat market

Yeah, as we know that Bbitcoin was the first or King in crypto. even though it is actually not very fair because altcoin also has the potential to be more than it is these circumstances, however, bitcoin that currently exists. Maybe in the next few years, this system will change and it will appear altcoin that can thrive even though there is no role of the bitcoin. Your thought?

All the coins follow the Bitcoin because it effects all the coin when its price rises the price of  all the  altcoin rises and vice versa.It is the most reliable coin in the market.Actually it is the king of the market.

As we all know that bitcoin is the father of all cryptocurrency, and will always be, so all other altcoin will continuing follow bitcoin...

This is long time ago situation, bitcoin has been leading in crypto world entirely since its been established and no altcoin worth overtake it's potential

At the point when the cost of Bitcoin drops, an alt coin turns out to be more significant because of the relationship of it merits being ascertained in Bitcoin. In the event that you thought of an alt coin's cost continuing as before when Bitcoin drops, you will see that if for instance BTC dropped from 10,000 to 5,000 that the alt coins BTC esteem goes very high. It's then gainful to purchase once more into BTC. You could possibly twofold benefits along these lines.

I think this thing is a coincidence because basically, every crypto currency depends very much on supply and demand. I know bitcoin is a pioneer of all crypto currencies, but bitcoin is not the parent of all increases or vice versa.

I do not know how to accurately explain this picture. I just know that always when Bitcoin's price starts to grow, the altcoins follow him

I think that within the next 3 years Bitcoin will not allow the market to develop as freely and quickly as many of us want. The problem will remain as a whole, although we see that many promising coins give huge growth even in such a situation and this gives us hope for a bright future!

Yes, bitcoin and altcoins are tightly coupled. Altcoins follow bitcoin movements.Its because of bitcoin market dominance. if anything affects btc, then that's gonna affect whole crypto investor's confidence which in turn hurts altcoins.

Nope depends on the situation sometimes if bitcoin is increasing altcoins are dropping or stay their price value
But most probably if bitcoin increase their price altcoin will follow to the king
I think increasing of altcoins is depend of the volume of demands

Bitcoin is the leader of the cryptocurrency market and most importantly Bitcoin is the leader in capitalization. That is why altcoins are following Bitcoin.

BTC and ETH are very interesting coins. They have a number of huge market demand. And you should know that the ETH very intelligent platform for the ICO. BTC has a very high value so that all interested people to invest. And BTC became King of all the coins so ETH always follows its growth.

I'm not sure, maybe because Bitcoin has a higher market volume, demand , popularity and large community. Bitcoin leads the rest of the cryptos when it comes to genral aspect which might put Bitcoin at yhe top. As we can observe last year, other cryptos are dependent with the market value of Bitcoin. So since things are different now, we my expect changes.

Because Bitcoin still is safe bet for most of the people in crypto. Most of us think about profits in terms of BTC not fiat. Trades are paired again BTC, and not directly USD in most of the exchanges.

Mainly because most of the exchanges use Bitcoin as main pair value. Secondly because Bitcoin is one of the most traded and when it go down other people that hold other cryptocurrency sell. You can see this in “real world” when one of the top national currency drop value (EUR or USD for example).

BTC's dominance is very strong on the whole cryptomarket including coins, campaigns, ICOs and other projects. This coin can kill all alternative coins I am sure, it needs to be solved so much.

This is due to the fact that people pour their money into bitcoin when they see an opportunity to earn, and altcoins at this time either fall or grow very slowly. And when the money is poured from bitcoin, bitcoin goes into a sideways movement, and altcoins grow

The crypto currency market's foundation is BTC and other alternative cryprocurrencies are depended on BTC at all. BTC is the king of the market and this its dominance is too hard and such interrapting from its side is very ugly and unnecessary.

Yes, most of the time, the foundation is what determines how the rest of the building will hold or will I say the root of a tree which in this case is more like bitcoin is what determines how the branches are going to sprout.

Bitcoin is the first and the most supported cryptocurrency in the space and altcoins are just certainly a way for whale investors to make more money off those who are looking to invest in quantity because they missed the bitcoin train. In that case, the altcoin market since it is tied to bitcoin market in terms of trading pair will always have a major effect on their prices.

All altcoin follow bitcoin price because bitcoin is the base currency for the trading of any altcoin in every exchange and it has the highest market share in the whole market.

Bitcoin is the de facto base currency for crypto right now, a few exchanges list other pair wise combinations, but almost everything is tied against BTC, simply because it has the biggest market cap, just like the USD. If BTC shakes, so does Altcoins, I don't think I have ever seen a situation where all altcoins rise whilst BTC goes down, but vice-versa is common.

Most of the investors are trying to predict the market movements based on Butcoins movement. So when Bitcoin drops a lot of investors are selling altcoins too. When Bitcoin is rising the same investors are expecting altcoins to rise and start buying.

Bitcoin is the father of all the other digital currencies and has a dominance of over 50% of the total market. it will take a long while and great projects before other alts can come close

Bitcoin is a leader in the investment market and will always remain with them. Other coins will always be equal to its price and try to outrun it.

If the price is always rising then there would not be a chance for people to get their money out. The market is doing okay for now.

Not every time as there could still be some exceptions somehow. At least, we have seen a lot of altcoins resisting such movements in the case where bitcoin is not bringing a favorable condition for them. For instance, doge really gave a huge push recently, despite the market tending to move down hugely but still tried to test the previous high few months back. Generally though, we all know that altcoins are just some sort of distraction from the real deal and as long as they will keep being there, they will certainly be tied to the movement of bitcoin.

A look at coinmarketcap shows that market cap and volume for bitcoin versus other cryptocurrencies is lot more than the altcoins. Secondly, most trading pairs (altcoin/bitcoin) are with bitcoin. bitcoin being the first cryptocurrency, has attracted a lot of crypto participants. So, a lot revolve round BITCOIN. This makes the cryptocurrrency unique with great future potentials. Just as gravity pulls objects to the centre of the earth, likewise, Bitcoin pulls altcoins when it moves.

Because first of all it is a BTC market, from October 31 2008 when Satoshi Nakamoto published the white paper of Bitcoin and till now. And it is still the main indicator of the crypto market, but also it is the most manipulative coin too...

Altcoins prices often follow bitcoin price because bitcoin is the king of cryptocurrency in the cryptocurrency industry.

because bitcoin has a big impact on altcoins and so they repeat the fall and rise in the price of bitcoin

There are lots to that but I will give little explanation in my knowledge... Bitcoin and Ethereum are the two major coin Altcoin pair with when trading, when btc is increasing ETH is also increasing most often and majority of Altcoin makes use of ETH blockchain why some pair with ETH or BTC. I think that is making Altcoin price often follow bitcoin price.

Bitcoin and the coins that were build after Ethereum should have a price really similar to the two.

Maybe because they are connected in some ways. Altcoin will surely following the leader and whatever the value of the bitcoin is, the altcoin will follow. Bitcoin also becomes the basis of the altcoins value so everything is done with a domino effect. This is all a hunch of mine. I see that they are somehow linked when it comes in the market.

The answer is simple and easy, so if Bitcoin is expensive then Altcoins is expensive because the trading pair on the Exchange always follows Bitcoin.
If Altcoins are cheap and Bitcoin is expensive then there will be a lot of people who continue to raise the price of Bitcoin.

Altcoin follow the movement of Bitcoin price because they are depend to it, when BTC price goes down the altcoins is also goes down abd when it up they do the same because many people are want Bitcoin, so they take that opportunity to earn by Bitcoin. The demand of people into bitcoin is growing so the reason it goes up its price, and since Altcoin want to beat the bitcoin then will going to increase its price .

Bitcoin which became the benchmark value of many other coins are very capable to make it as a valuable coin. it makes Altcoin follow every motion and developments owned Bitcoin. starting from price to growth that occurs in each period that occurs.

Basically, bitcoin is the original cryptocurrency and it will always be the main reason why a lot of people engaged on this kind of investments. Even if there are more new crypto coins coming and have a potential to become more popular, still it can't surpass bitcoin and it will be always on the top.

Because Bitcoin manages a large part of the entire capitalization. And if most of the market falls, then the rest of the chain reaction reacts. 

I think that most altcoins are tied to the price of ETH, not to BTC, ETH is the fundamental basis of most altcoins, therefore it serves as a reserve currency.

The major coin, here is only bitcoin and then in years past by they promoted another coin to establiah near future so as bitcoin rises then ethereum also shine in exploding in market.

Market participants no longer regard bitcoin as a trial material, it is a financial asset, volatile, complex, but quite realistic for many investors.

Bitcoin is the first coin and the most valuable coin. All of the altcoins have trading pairs with bitcoin and bitcoin is used to purchase the coins. Since they are traded with bitcoin then if the price and volume being transacted goes down, that means the volume being transacted on the coins with bitcoin goes down so the coins follow the downtrend of bitcoin

because bitcoin is the first coin in the world of cryptocurrency and all other coins if you want to buy or sell it must be in the form of bitcoin which causes the price to always follow bitcoin. because they are very dependent on bitcoin.

The price is connected only with the fact that in difficult times people save their money in Bitcoin which is less volatile due to the larger capitalization. Bitcoin is also an indicator of overall market growth and starts growing first.

I think some altcoin following bitcoin movement and some dont. But if converted in USD value, all coin following bitcoin price because most coin and token pairs in market using Bitcoin as main currency

That's right, the father of altcoin is bitcoin, so the father will increase or decrease, then the child will follow, but later will also have some improvements and better father as everyone is seeing.

Because maybe bitcoin is the parent of all coins, maybe that's one of the reasons, if the price of bitcoin rises, the coin price usually follows it, and vice versa, it's no wonder that altcoin follows the price of bitcoin

For everything there is a base where the other things can be compared and bitcoin is the one which has a high level and other coins are compared with it the reason is the people who want to buy they must poses bitcoin in their wallet for investment and it is true that when bitcoin price rise other coins will also rise.

That is understandable, as most of the exchange or OTC support sites now support the conversion of Bitcoin into cash, which is what most traders trade. So the altcoin is actually only a pump and dump

Maybe you mentioned is the influence of the market, if it is true that the market is certainly going to make altcoin pump and dump. not because of the influence of the bitcoin. actually the altcoin set up their own pump, if altcoin has a concept that runs their certainly has a chance to pump does not need to wait for bitcoin or market-moving. didn't you also never seen altcoin pump on when bitcoin down?

Bitcoin is the mother of all altcoins so the kids following the mother's way upward trend or downward trend. It is obvious that the buyer and seller uses Bitcoin to purchase or sell their coin so it is locked like a chain reaction.

I also notice that altcoin or any other coins even eth follows the price direction of bitcoin. I wonder why then later on as I've read in threads some says it is because bitcoin is the leader so the eth and alts follows bitcoin, something like the alt and eth depends or is base to bitcoin. Another, others said that alts came from bitcon.

Should I sell a crypto now?

the main reason altcoin always follows the price of bitcoin is because bitcoin is still believed to be the best coin and users do almost all pairs of sales and purchase of coins against bitcoin, this causes every day the bitcoin trading volume continues to increase because every transaction bids bitcoin as a transaction pair.
but now on many exchanges ETH and USDT have been added as other options for pairing every coin you have even though the trading volume is still below from BTC

Altcoins prices usually often follow bitcoin price because bitcoin is still believed to be the most accepted and best coin in the world. Its the king and father of cryptocurrency.

Because Bitcoin is the main cryptocurrency. It is Bitcoin that sets the trend. Where the price of Bitcoin goes, the price of the remaining coins will go there.

Have you ever heard the term "mother of all coins is bitcoin", if you have heard it means you can interpret it yourself. no need to explain at length, because a little is also likely you will understand ... !!

When need to start buying?

Just HOLD

Because today BTC is a project that can be exchanged for any other project, only in relation to the BTC project, so I think that all this will be permanent, we still cannot understand what to compare so that we understand the price range

I think this term is very popular in crypto so I'm sure there must be many people who know it.
yes, although it's hard to explain with certainty, but because Bitcoin is the parent of altcoin and is the biggest volume coin in crypto, it's not surprising that the price of Bitcoin affects the value of Atcoin.

All altcoins are traded through Bitcoin or Ethereum. There is no direct price for dollars to altcoins. That is why the price of altcoins depends on the price of Bitcoin and Ethereum.

because altcoins are interconnected with bitcoins and they follow exactly it. It seems to me that this is logical

Altcoin prices are absolutely unrelated to the price of Bitcoin. backwash I would say that they grow and fall no matter how Bitcoin behaves

Basically, altcoin and every coin in crypto only have one guideline, he is the king of crypto and also the inventor of crypto. The ability in bitcoin technology cannot be defeated by any coin. So, the decline and increase in the price of bitcoin will have a pretty fast impact on all crypto coins.

It all depends on how investors treat this or that asset. They look at the growth of Bitcoin and get money from altcoins, which is why Bitcoin is growing even stronger, and altcoins are falling.

most of every exchange market certainly believes that bitcoin is the main source of exchange for converting other types of altcoins, therefore, bitcoin is the best type of coin that has very valuable value so all altcoins must always follow the price movements of bitcoin

In my opinion, Bitcoin is something like a mirror for every cryptocurrency at all, they would measure the state of overall success by its price.

It is because of the trading pairs, when you are looking at the trading tables you can see that all of the altcoins have their trading pairs with bitcoin which means if the volume of bitcoin being traded goes down then the volume of the altcoins that are being traded goes down and that is how they follow the price of bitcoin, it is really simple

Not every altcoin is following the Bitcoin price, but 90 percent do. It is happening because all the investors are afraid of investing in altcoins and are keeping their funds only in Bitcoins. When the green market starts, things will change.

I think it is essential for the future of crypto that BTC to drop below 50% of the total crypto market. Or BTC will drag the whole market under with it as it goes down again.

Altcoin price is a subject to high volatility just like the Bitcoin's price. Once we have a good price backing system in place, then we can see a good stabilization. We need a project like Gigzi to solve this issue. Once we have the ecosystem in place, price volatility will decrease. Because, this project is looking for backing crypto price with precious metals, making it more stable in the long run. This way, digital assets will not follow Bitcoin price.

Being a pioneer and the number one cryptocurrency,it is normal that the market prices will rely on what bitcoin’s performing,because this is the most popular coin and this can dictate the flow of market,what we need to have is the good altcoins,those legits and not the shit ones whos being dumped incase the dev dont get good profit

Yes, they follow the flow of bitcoin even in the market. I think because of coin are pair with the bitcoin so they depends in bitcoin price.

the whole idea is that most people hodl bitcoin and it is the profits from bitcoins that they use to invest in altcoins. Now when the price of bitcoins starts falling, everyone looks for a way to keep their coins stable without losing their usd value equivalent. This tension is also extended to the altcoins with the fear that they might also fall making everyone to change to a stable coin and then all crypto start seeing a blood bathed market.

Cryptocurrency really repeats bitcoin price movements and this is due to the high level of bitcoin capitalization. This circumstance allows Bitcoin to exercise price dominance over other types of cryptocurrency. I personally do not like it at all. A decentralized cryptocurrency, I think, does not need a price dictate. It seems to me that with time the situation will change and the decentralized cryptocurrency will gain decentralization in this matter too.

Because of the binding pairs of bitcoin-altcoins.  Because of this, not often, but always after the fall of Bitcoin immediately go down and the rest of the coins!