Why are alts doing so well now?

[dontknowwhy]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

[troiano9]

New people getting into bitcoin every day so new people are getting in and now they are first learning about alts and want to buy in

[ditinhu]

The world of cryptomoedas are getting more and more known, the stock market investors themselves are starting to invest in them. In addition to newspaper headlines and hackers asking for redemptions at Cryptomoedas we are entering a digital age, making more and more people aware of and interested in this type of market.
The good side of this is that more and more people interested in cryptomoedas, less coins will have in the market, I do not speak of the new currencies but of the Altcoins older than the own Bitcoin that does not stop to increase the value

[alyssa85]

It's to do with percentage gains. It's easier to get a high percentage gain with an alt than with bitcoin at the moment - some alts even have the potential of a 100% gain.

And if you are trading volatility is everything - and alts have very high volatility.

[chaser15]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

While bitcoin price is increasing, you can see some of the alts are having a + percentage too in the volume. Their value is affected since their based price is Bitcoin Price but if you will look in their bitcoin value, still nothing changed generally.

You can check their daily volume for references.

[Jaya912]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

First option i think yes. Most people enter to crypto because the popularity of bitcoin. Bitcoin make them interest.
After that, new story built. If the people have money to invest in, they will split into bitcoin and altcoin.

[AlexaSonda]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

I think you are right, many people want to know and try to learn crypto because interested in current btc price.

But there is a serious problem, where some people who do not like crypto start making bad issues about crypto and say that bitcoin is the same as ponzi. It's obviously misinformation and it's our job to give the right education about crypto to them.

[Jonsnowstark]

I guess you are right. Bitcoin is now popular and bitcoins is the main reason why people now are investing. People are interested to learn about cryptocurrency. The more the people will invest the more the price will go up.

[Aryanto28]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

I know bitcoin is not from information media like newspapers and news is currently busy talking about. Because this bitcoin is already sepopular this I actually know him only I who did not seriously learn it new this few months I am more tekunun to study it more deeply. and if not just today's bitcoin is becoming popular but other altcoins have shown their perfomance well so there is one atlcoin that is so rising nowadays because the profits and price have reached at its peak.

[/GeertJohan]

I believe that there will become successful crypto currencies in the future such as Dash, Ethereum and so on.. I think it easy to trade than the bitcons.But may not make more profitable than the BTC.
There are most altcoins are doing unconventional things.It is already perceptible that some altcoins gaining values even though bitcoin..

[spyerf]

Is it people entering crypto because of all the BTC headlines? I’m not complaining just curious .

There are some people who enter the crypto world because of news from the media, there are also some who hear from friends to friends. and the news is so great that hearing it makes us curious and learn it. Even for those who have large capital directly invest money. because the news is so great like that.