Bitcoin price effect on Altcoin

[nicolebtccrypto]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

Well the price of bitcoin affects the price of all coin because they are just made after bitcoin was made. They are just like a carbon copy while bitcoin is the blue print.

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[Vasilisochka]

Of course, this has been proved on many examples for a long time the existence of the crypto-currency market.

[feverpitch]

Yes of course, all the coins are related on the market. But when talk about price I think this relation is smaller. Because when was going gross up azza altcoin can grow not so big in price. But it is all in my personal point of view.

[Vzae]

The effects of bitcoin to altcoin are very influential. because bitcoin is an important point for all altcoin. If the bitcoin price decreases then all altcoin will be affected.

[Beabtc11]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

Definitely altcoins value relate to bitcoin price. It is there guide in all there altcoin price. Altcoin price really depends on how bitcoin price moves. When bitcoin goes down, altcoins also goes down. As we can see bitcoin trends and altcoin trend it is almost the same. Most of the platforms of the altcoins are copied in the bitcoin platform.

[louisBSAS]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

Usually, when Bitcoin and Ethereum begin to grow dramatically, the price of altcoyin begins to fall in relation to them.

[norcia]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

I think bitcoin is very strong. altcoin does increase, but decline is influenced by the movement of bitcoin prices in the market.
Because I think bitcoin is the king of all altcoin, and I see until now no altcoin can stand alone to face bitcoin.
That is a fact that exists today, so bitcoin is the best.

[digitran]

Mostly bitcoin price rules other altcoins prices, if bitcoin price falls surely altcoin prices also fall. In very rare situations viseversa depends on project news and success.

[siap86]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

Same thing, when the market decreases I think all the same, will also go down. The above statement is like a myth, because I think both BTC and altcoins have their own flaws and advantages. So, I do not agree that Altcoin follows the bitcoin.

[BeshyJelly]

Yes definitely. Bitcoin is the base coin of all coins and token so if Bitcoin dropped its price it is 100% will affect all coins and tokens. Likewise on Ethereum. This base coins was definitely affect all coins and tokens in the market. Must pray to God that the value of BTC was always up, lol.

[Cemploon]

Of course the effect. Bitcoin is now the Prima Donna in the market. It has a very important role for the movement of the price of other coins. When the price goes down, the price bitcoin altcoin should go up. So did the opposite. This is to maintain balance in the market.

[altcoin4u]

In my opinion this is happening because most of the people are thinking about bitcoin as a milestone of all the cryptocurrencies ever existed, and if the price of Bitcoin is falling down, it meanings for them, that all the cryptocurrencies are dying.

[jack long]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

There is no relation between the bitcoin and altcoins price but bitcoin price highly impacts the other crypto currency prices too.Because most of the people buying coins when the bitcoin increases the other coins also increase this shows that people uses bitcoin price as a sign of crypto investment.

if altcoins go down when bitcoin goes down, it means there IS a relation between bitcoin price and altcoin prices!
additionally the drop part is already proven multiple times. and we all know the dumps will happen right away as bitcoin drops but the rise part has never been proven. when bitcoin is in a bull mode and is rising there will be pumps in the altcoin market but it is never all over the market. instead in only a bunch of them at a time.

which I see Bitcoin's price affects bitcoin because bitcoin itself is also decreasing now and so today many people are investing in Bitcoin on a short-term basis, and bitcoin prices also affect altcoin because altcoin follows its movement

[waser12]

Price of bitcoin directly depends on investments of fiat money in crypto economy (crypto market capitalization). More money in crypto economy - higher price of altcoins.

[btcefeyigit399]

BitCoin crypto currencies have the largest volume on the stock market and are the strongest coin. it is the base for all the other coins. investor's most preferred coin. it is directly affecting this.

[Fettersmile]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

if I think altcoin is potentially priced under bitcoin is ethereum, because I know that ethereum is coin with good and good prospects, and many people who admit it and many investors have invested in ethereum because they believe ethereum will succeed in one moment later.

[Xlmmooner]

Most follow it. Some will diverge slightly but not for long. The predominant trend will prevail across all coins

[Lolox]

Bitcoin does have a great effect on other altcoins. Bitcoin is the king of crypto, where all altcoin depends on bitcoin, wherever bitcoin moves, its current will be followed by altcoin. Therefore, when bitcoin decreases, all altcoin also decreases, and vice versa. Sometimes, this decline also has a negative impact on ICO which is becoming increasingly difficult to achieve its sales targets for softcap, as the number of ICO requests from investors also decreases.

[Orang Tua]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

BTC has the power to manipulate the electronic money market. All Altcoin is affected by the Bitcoin price and the Altcoin value is not worth the Bitcoin price. Bitcoin is the king in the electronic money market. No Altcoin is higher than the bitcoin price for now.

[Memeicomel]

Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?

Bitcoins price is very important to altcoins, because it can affect the price markets of altcoins. The main reason for these relations is, bitcoin has it’s own market. You can buy alts using bitcoin that is why there are effects on alts price when BTC price moved. I don’t know what ratio you are talking about, but determining the BtC conversion to USD does’nt effect alts as well as BTC as far as i know.

when the price of Bitcoin is so high, many are pursuing Bitcoin and are increasingly interested in Bitcoin. so this affects the enthusiasts who are on Altcoin even able to take enthusiasts on Altcoin to switch to Bitcoin which is much more expensive.