When bitcoin price goes up,altcoins prices goes up too?

[sarabanda]

I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not

Because always when btc rises,altcoins to started dropped down.

[ask]

Altcoin prices against USD yes its going up too. But against bitcoin this is little complicated.
As for now bitcoin is rising but eth/btc is falling.

[fredforthewin]

That is sometimes the case. Altcoins can also pump and dump, have real demand, or have other factors that influence there prices.

[swissgang]

No, it depends sometimes bitcoin rise altcoins drop. It depends on the reason for the rise or drop. For example, when chinese exchanges stopped trading, both bitcoin and altcoins decreased.

[alfs75]

I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not

Because always when btc rises,altcoins to started dropped down.

as far as i know,that bitcoin is not dependent of altcoins, sometimes if bitcoin price rise high the altcoins  rise up to.but their are times that if bitcoin dump, the altcoins is going high.maybe this two coins  have its own dynamic process.this is the scenario of the block chain industry
have its own idea, and fundamental but same  purpose in crypto world.

[niisarearning]

I am not a good speculator I have witnessed two scenario august fork as well as upcoming October 25 fork both was having reverse behaviour one each other. In august fork people are not sure about hardfork and new coin availability and market reaction so most of the people including me invested on altcoin. After hardfork on august lots of bitcoin holder got free money in the form of bcc and also bitcoin price raised. Now people are clear about scenario for the October fork so every one investing on bitcoin so that they wi get free money like bitcoingold after fork . So selling altcoins and converting to bitcoin so altcoins failing badly in market.

[Burks]

I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not

Because always when btc rises,altcoins to started dropped down.

Mainly the altcoin and bitcoin price depends on their demands,which one's demand gets increases the price gets higher.Like you said bitcoin price increases the altcoin price will start to decrease which means when the bitcoin demands get increases there are many people started to buy which makes it more demandful coin when this takes place the demand of the other cryptocurrency normally decreases so the price also decreases.If whole world's people start to use digital currencies which makes it more demand so both price will get higher and higher as per their demand.

[asriloni]

I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not

Because always when btc rises,altcoins to started dropped down.

The USD value for the altcoin will goes straight with the increase of the price of bitcoin, But remember the altcoin will be lost on its bitcoin value like what already happened in this time and many of them already lost a lot on its value caused by the bitcoin pump

[h0lybyte]

When bitcoin price goes down, altcoins can't rise because bitcoin is the base currency dominenting all altcoins.
People buy and trade altcoin as this would profit them finally  by exchanging with bitcoin, so when bitcoin is down, people appears less interested with altcoin, thus the trade volume of altcoins gets decreased and falls down in price.

[Herbert2020]

No, when bitcoin price goes up altcoin prices go down.

there are many reason for that. but mostly it is because traders want to focus on bitcoin and make the most profit out of the rally before it stops and starts its correction. and also because most altcoins are pump and dumps and bitcoin rise acts as the catalyst they needed to initiate their dumping phase.

and finally it is because people expect altcoins to get dumped so they act accordingly and when most of them sell, price starts going down, and because of that others join in and then we are left with a big dump.

[CurrencyMaster]

I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not

Because always when btc rises,altcoins to started dropped down.

it doesnt always have to be up or also down.. due to the hardfork these days people are selling alts to get free bitcoin gold causing the coins to go deep down.

[Red Fish]

Most probably yes. When bitcoin price will go up, also altcoin altcoin prices will go up, first of all most popular altcoins, like ETH and Ripple. Altcoins market prices and also most popular altcoins, you can find here - https://coinmarketcap.com/. Altcoin market prices depend from Bitcoin, more or less.

[senin]

The general trend is really this: if Bitcoin rises in price, the course and altcoyins gradually increase. However, the course of a specific altcoyin is influenced by many other factors, and all together form its course. Earlier, if bitcoin was growing in value, the altkoins fell. Why now this order has changed, we still have to find out.

[MI6]

it always like that, bitcoin price up and altcoin goes down because people start to sell their alts and not want to miss the momen for high bitcoin price. and then if bitcoin goes down they buy bitcoin again, and stock some altcoins

[BitcoinLoan]

Main reason why altcoin price go down is that traders are focusing on bitcoin and they selling own altcoin to buy as much as possible this coins. But later altcoin price returns to basic

[Anndrianno]

Not necessarily- of course it is undeniable that there is some established connection between the price of BTC and all alternative cryptocurrencies, However, it is not tight at all. So we should extremely thourogly study the reason behind the increase in the market value of BTC and take into account whether it is connected to something what has something to do with all the cryptocurrencies as a whole (like for example the approval of all cryptocurrencies in some country) or is that connected only with Bitcoin itself (like a fork with Bitcoin Gold). If it is the first case, than yes- all the cryptocurrencies are certain to rise in value, but if the second than only te BTC itself. Though I might be wrong, but that is pretty much what I think about the issue questioned

[tansoft64]

This pump and dump of altcoins happen every time and I think it is just normal for all of this to happen, just what happen before that bitcoin price pump high to $6k and altcoins price is so dump and this could brings investor to buy altcoin with this price and it can make the altcoin price will pump again.

[NorrisK]

The altcoins will usually take a beating during the rise of bitcoin. The reason is that people sell off the alts to get more bitcoin.

Once bitcoin stabilizes, people start scrambling to get back into alts and this is when the price rises along with the previous bitcoin rise.

[kryptqnick]

Altcoin prices against USD yes its going up too. But against bitcoin this is little complicated.
As for now bitcoin is rising but eth/btc is falling.

I think there are no strict connections between prices at all. There were times when bitcoin was growing and altcoins mostly followed it. Good example is May 2017, when btc was rapidly going up as well as ethereum, Nem and some growth of litecoin's price. As for September 2017, ethereum dropped till the middle of that month in USD, as well as litecoin and NEO dropeed superhard. Bitcoin dropped at first but than started recovering very fast and has now reached its maximum whereas most of alts are still suffering from the drop of price in USD.

[cynical]

It seems that there are some alt coins that are traded for bitcoin at the moment because of the fork and there are also coins which rise with bitcoin like monero ethereum and litecoin