Bitcoin Forum

It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?

Well since bitcoin is basically at the core of this market, i don't think there are any alts that won't be affected by bitcoin's movements. It has been historically proven that the market reacts to what happens with btc. At least for now we can safely assume that

By the way there's one, Tether.  ;D
And every fiat pegged currencies don't make a change as rapidly as bitcoin does.
So, it would be a great tool for day trader to minimize the loss as well make a profit in decreasing market aswell.

Agree with you, the price changes are not insignificant and I have never seen a price of -5% or lower. i think this good for daily trading

if I am not mistaken, maybe it is only tether or USDT that has no effect when bitcoin has decreased.

I don't believe the market reacts to bitcoin'd movements, rather bitcoin reacts quicker to market changes.
It is the most adopted and popular currency, when the market is down, if equally goes down, and other currencies follow suite.

If it's a cryptocurrencies, then there's no such thing that altcoin won't be affected. Since Bitcoin is the basis of every coin and I think everything will be affected. We already witness it in the crypto market that whenever there is a fluctuation, altcoin always been affected.

People mentioned USDT that you might already know.
If you are looking for the alt that was not effected much by bitcoin, may I suggest the coins that decreased a lot already, those I thing are the good coin to buy, as its value has been down a lots, you can grab a bunch with super cheap price.

If you are looking for a real coin that really not affected by bitcoin price, that coin does not exist yet as bitcoin is the center of the market now. Maybe there will be in the future when a global company like google or facebook....decided to create their own cryptos.

1.USDT,Or Tether
2.Other Coin That Backed By Real Asset
The Value Of The Coin That Backed By Real Asset Is Relatively Stable

Whichever way we are seeing it, bitcoin drop is really having adverse effect to altcoin. Although, a coin might not go down immediately like tether but it will surely have a slight shake on it. It affects almost all altcoins.

It is difficult to find an altcoin that is not affected by BTC. But if I have to mention some names, I think the coin of the exchanges like: BNB, KCS, HT, ..

Most altcoins are affected by bitcoins and even more recently though

There are increases in certain altcoins prices even though the market is dip
So there is need to believe and enjoy the profits from several altcoins

Don’t just wait for bitcoin dude
Get involved with altcoins

Pantos is currently just traded on BitPanda and only has pairs with Fiat. Got a 400% Gain in the last couple of weeks and isnt really effected by the bearish trend.

Most altcoins are affected by the BTC. Only USDT and TUSD are unaffected. It's only a small difference from $ 1 to $ 0.9 or from $ 1 to $ 1.01.

There are lots of altcoins that are good if you are going to invest in them for the short term but if you think for the long term then I recommend Eth, LTC, and XRP. These coins will definitely be worth more and are very stable so you will not lose your money and get some benefits on your investment but please do research before investing in anything.

All altcoin is affected by price of bitcoin. Increasing or decreasing depends on the bitcoin oscillation. But USDT is always 1$ so I think it does not depend on bitcoin.Whether bitcoin increases or decreases, USDT is still 1$

What's happening now is the entire cryptocurrency crashing down so altcoins was decreasing its price not only because of the Bitcoin but in my openion if there's an altcoin affected by the BTC price , are those coins with almost the same platform and function of Bitcoin .

USDT and TUSD will never affected in any situation because both are centralised platform so it will always maintain a 1USD. If you have any dought my word just check it in Coinmarketcap so centralised platform are stable in this situation but not all the centralised platform. These two coins are not rely on supply and demand so it will not move to downward.

I think tethering is a good choice to make as a fee in trading between the exchange, cause the value is always stable

Everything correlates to some extent.You can see only in practice, looking at the price movement graphs.

Tether (USDT), TrueUSD or similar token, they have a fixed value with fiat money. And other are Binance Coin (BNB), i saw that this token is really stable for a long time.

yes, now bitcoin is like a benchmark for all altcoins, if bitcoin goes down then the altcoin also goes down and vice versa, bitcoin is like the parent of an altcoin, so altcoin is always affected by the price of bitcoin, but bitcoin won't be affected by the price of altcoin.

I believe they are all affected by bitcoin because when you trade them or get rid of them you exchange for both Eth and BTC, you then sell your btc for usd,or whichever fiat you prefer,   or you just exchange your btc for other products or services!!!

As all say, there is only one not affected by bitcoin. It is tether. But there is a stellar (xlm) which is not affected by bitcoin too much.

The only altcoin is not affected by BTC is USDT :). Although BTC price dump or pump but USDT is always stable at $1 and it's the best choice for all investors and traders when BTC price is going to dump. LOL. So many guys often sell their BTC or any cryptocurrency to USDT before every big dump that they can predict.

that's true even though what determines the price of coins is how much supply and how much market demand, but bitcoin has an impact on altcoin prices because I think bitcoin is often used as a benchmark by people so when prices go down many people rush to sell their altcoins and causing the altcoin price to drop

I think that there are none that do not completely depend on Bitcoin's price. Perhaps there are some that are more dependent, there are some that are smaller. Until the market is really big and there are really big money, altcoins (which are useless) will follow Bitcoin constantly.

Well, you are not wrong with what you just said but it is not perfectly true mate because there are many cons out there which doesnt depend upon the BTC itself.

Have you ever seen the market reaction to the BTC ? Yes, you might have seen those graphs moving with same pattern as that of the BTC and thats a perfect match if seen from the CMC overview tab.

But have you gone above Top 100 coins and have seen the graphs at that time? There is whole new world out there which is unexplained and thats because they have completely different type of volume at the time and they are not even close to how BTC is behaving. They might be pumping heavily and some of them might be stable while some down to bottom.

I think there is no altcoin which do not related with bitcoin. Every altcoin price can up & down if bitcoin price unstable. So, My thinking Bitcoin is main coin which is the king of all other altcoins.

Hi friend.
I watch VeChain he even in the fall rose by 40%. Today + 5%.
I observe a 2-week growth. Bypassed such currency as Zcash

№19 top coin

I noticed that the drop in the price of bitcoin affects all crypto-currencies. Everyone transfers money from Crypto-currency to dollars or USDT and no matter what altcoyin you have. It happens that the entire top-100 is red except for USDT

Yes bitcoin is the king of CryptoCurrency and when the price of bitcoin increase or decrease automatically the altcoin price will also move . Altcoin are always affected to the price of bitcoin.

There is another besides tether its TUSD. :)

Tether seem actually the holy grail of crypto and its to only that you can move your money without affecting your profit. Sometimes when there is a huge dip of price the price of tether rises too like $1.02 but I doubt you can profit with such price movement. All altcoins are going to decline as they all are dependent to the price of BTC.

The crypto market is always affected by the BTC. BTC leads the crypto type. If the BTC decreases, all will decrease accordingly. Some altcoins tend to increase but not for long. Shorter periods will also tend to decrease.

Maybe there is,those coins that has been pumped for that specific occasions..mostbof the times in the mid of dipping,theres a coin that highlighted because its the only one growing above everything.and sometimes pumped upto x300-400 percent ..

There is a general tendency of collective rise and fall in every economics be it the stock market or crypto market.
Bitcon having more than half of total market cap, is the single most determining factor for crypto prices without a doubt.

The only coins not affected by the price of bitcoin are stable coins like tether and the like, and if you think about this it makes sense, almost all the coins are using the technology created by satoshi nakamoto with just some small changes, so it is natural that almost all the coins respond to bitcoin and when you add that most of the money is invested in bitcoin this explains why when the price of bitcoin moves alts move in the same direction.

If we ignore USDT and TUSD then all altcoin thing is affected by the price of bitcoin. This market grows or falls down due to the price of bitcoin deciding everything

Apart from stable coins like USDT, other coins in the market is always affected when the bitcoin price goes down, this is because almost all the altcoins has their pairs in btc, so it will always affect the price of altcoins.

Bitcoin is the core of the entire cryptocurrency market. No altcoin can exist separately from Bitcoin. I think that as long as bitcoin falls, all altcoins will fall, and bitcoin will fall. All altcoins will fall.

yeah you are right, that's exactly what happens and it shows the over dependency other altcoin has on bitcoin and it shows bitcoin is the most recognized and adopted currency currency

Bitcoin almost control the whole crypto market, so when it is down, all the coins are down too because they have bitcoin pairs attached to them, things like this will stop happening when we have more of exchanges like bancor where you convert tokens from one to another.

I think when bitcoin price drop, most altcoin following because most crypto in market depending on bitcoin price. Bitcoin is main pairs in many currency and most pair in market using bitcoin

There is no direct dependence, but traders of altcoins also react to the bitcoin course. Now the market is relatively stable and there are no special leaps, but some altcoins can show growth, reacting to the positive news of their projects.

We are in the sttement that the botcoin is the main foundation of the cryptocurrency so that it ffects ll alternative coins when some changes happen in the bitcoin. I don't have any clue thay hat lternative coins does not rely in the bitcoin because this is what i know tht the bitcoin is the leader of all digital currency

There is no coin like that. All altcoins price depend on Bitcoin price, altcoins price is up and down following Bitcoin price and most of us like the trading pair altcoins-BTC but not USD.

All altcoin will be affected by Bitcoin. Bitcoin is the leader of all cryptocurrencies. Bitcoin is the core. No altcoin can leave Bitcoin to develop on its own. The existence of Bitcoin is very meaningful and valuable. Altcoin is forever. Will follow the development of Bitcoin

The only coin that is not affected by Bitcoin is Tether (USDT) as its value is pegged to a dollar. There is one coin that impressed me during this altcoin bloodbath is Monero (XMR). I am surprised Monero managed to hold much of its value even when almost all altcoins are crashing.

I know one altcoin that is not affected by the cost of bitcoin - it's Bitbon, the Erc20 standard token, the value of which is provided by the assets of the company Simcord. If you are interested, read more about this project - https://www.simcord.com/en/about-us/