Does Bitcoin price affect ICOs

[danbitcoin1]

Ofcourse, less money going into Bitcoin/crypto will mean that there's a lot less money going into ICOs too.

[trash321]

Definitely, it has always been and will be so until BTC is a bargaining currency for all other projects, so I don’t think that there’s something to be surprised at, this is normal and it will be until BTC leaves

[iyke12]

To the best of my understanding, I think yes. My reason is because bitcoin is the most dominant of all digital assets.Due to its wide range of adoption when bitcoin drops, other coins tend to follow suit, because large amount of funds are living the crypto space . Except on occassion when bitcoin dominance is reducing.

[vova.andreyan.94]

All ICO accept contributions in cryptocurrency, so if the price of coins falls, then the project that a project needs to start is not achieved!

[dat.ho12492]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

In my observing, when the price of Bitcoin go down, it will make whole market also decrease, and the most important thing is that the price of Ethereum is also affected. It make the value of tokens when list in market will be affected so much

The truth is too obvious, the effect is huge when we can see the fall of bitcoin leading to the expansion and stretching of a lot of projects, even so many projects became quiet and turned into scammers when the price of the bitcoin appears problematic. And vice versa, when the price of bitcoin develops in a good direction, every project seems to be vibrant, ICO can always reach softcap soon, all of this is possible to demonstrate the impact of bitcoin on ico, very direct and powerful influence

[Dima95]

ICO token is the same coin as others, that`s why it is affected the same way as the other coins. So, wait till the btc pump:)

[Dlux75]

Because btc affecting to the all market .. That is not only icos which affected. Also all the altcoins affected because of btc's price. Why because btc saying to the market about we are in bull season or bear season.
That is the main reason for that.

[hubballi]

Long back when BTC was the main investment for all ICO but now ETH is the main investment for all ICO but still i think it is not affected much until their is spike in price fluctuation above 10%, if i am not wrong.

[secondhandlark5]

Indirectly it can affect the price of ICOs, because a lot of ICOs are bought with Ethereum. This mean that some projects decide to peg the Ethereum rate and other projects take a base price when you buy the tokens.

[ravinesolz]

Indirectly it can affect the price of ICOs, because a lot of ICOs are bought with Ethereum. This mean that some projects decide to peg the Ethereum rate and other projects take a base price when you buy the tokens.

The price does have an effect on most coins. Don't exchange coins that are not paired with USD or BTC because they might be a scam project.

[o.ogurlu]

I think the falls in Bitcoin price affect the Ico's. Because most ico is indexed to Ethereum price. And the Ethereum price is definitely affected by the Bitcoin price.

[zhengqiurong2@163.com]

Must be affected, you have to know that Bitcoin creates the entire cryptocurrency, and the price of Bitcoin affects all cryptocurrency markets.

[juliyett]

ICOs are not the onle one element that is affected with BTC's price. Evereything is under its strength and BTC's dominance has been discussed so many times.

[apilpirman.bisnis]

more effect by drop of bitcoin price to all ico project have running or ended for selling their coin, by lower price of bitcoin make many ico project will be more drop because make their coin price low and hard to be on higher price.

[GazorpPozorpec]

I think that one way or another bitcoin affects the entire cryptocurrency industry, and therefore affects ICO projects.

[ryker6688]

It affected a lot, BTC decreased, then ETH decreased. Almost all ICOs use ETH, so ETH decreases ICO prices are easy to understand.

[handini]

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

In my observing, when the price of Bitcoin go down, it will make whole market also decrease, and the most important thing is that the price of Ethereum is also affected. It make the value of tokens when list in market will be affected so much

in my opinion, the bitcoin market price determines all. if the price of bitcoin goes down, all are affected because bitcoin is a kind of head in investing.

[btcoin]

Most part of the altcoins (if not all of them) are depending on the Bitcoin. Their price strongly tied with it. So if Bitcoin fluctuating then ICOs are fluctuating too.

[afroman1131]

Amond cryptocurrencies, everything is connected. If Bitcoin is doing good for a longer period, ICOs will also perform better, just as we have seen in 2017.

[A.H.Rassel]

Bitcoin is the based currency of cryptocurrencies.  it influences ICOs directly. Bitcoin has the most dominance in the crypto market. Price of Bitcoin influences all the cryptocurrency market