Does Altcoin price depend on BTC or ETH??

[Maheshkumar_Hrangkhawl]

They are dependent on BTC. I would not say anything about ETH, because the Ether exchange rates are again dependent on that of Bitcoin. I am yet to see an altcoin in the top 100, which go up in price when Bitcoin undergoes a major correction.

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[alfimanis]

but in my opinion, not all altcoin prices depend on the price of btc, sometimes there are also some altcoins that when the price of btc drops even the price of the altcoin increases, so also the opposite sometimes also has an altcoin which when btc experiences an increase in the altcoin prices actually decreases. but nowadays most altcoins depend on the price of btc.

[Ozero]

Of course, the price of altcoins depends on bitcoin. This is due to the fact that bitcoin has a very high degree of capitalization and therefore may have price dominance over other types of crypto currency.
This is still one of the biggest problems and shortcomings of the crypto-currency market.

[denbagoes]

I agree with you.
Bitcoin and Ethereum have become the most dominating coins in the Cryptocurrency market, making many altcoins dependent on Bitcoin and Ethereum.
The sophistication of Bitcoin and Ethereum has proven good and many people have believed in the advantages of Bitcoin and Ethereum.
I am sure that Ethereum and Bitcoin will always be a benchmark for other altcoins in the Cryptocurrency market.

[King Bounty]

if I personally think the altcoin price depends more on the price of Bitcoin, because most altcoin prices will increase if the price of Bitcoin also increases.

[littleheart]

In the event that I am not mixed up, nearly everything is relying upon the cost of bitcoin. Regardless of whether some of it are being contributed by many individuals, its esteem will at present rely upon how bitcoins move that is the way I comprehend in the cryptographic money world. That is the reason bitcoin is still on the best in light of it.Of course, the cost of different altcoins available is trailed by Bitcoin and Ethereum. These two are the two biggest coins, speaking to the first and second era blockchains. The market unquestionably needs their direction to proceed onward.

[rynanosih21]

I think I agree with you that Bitcoin and Ethereum have a big impact on other altcoins.
The price of Bitcoin always affects the price of Altcoin in the Cryptocurrency market.
Indeed, it cannot be denied if Bitcoin is the first coin that dominates the market price of Cryptocurrency.
Yes, we can only see the development of Cryptocurrency prices.
And it looks like Bitcoin will be the king of coins at all times.

[Ayston]

They have percentage but I believe it's only matter of small percentage, because I know the biggest thing that affect the price is the amount of money that is coming in and withdraw from the market.
The more investment the higher price they could get..

[Renaisance]

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

If you look at the graph at the price of the crypto market, the majority price of Altcoin depends on BTC and ETH, this happens because most ICOs use BTC and ETH platforms. So, naturally, the price of altcoin depends on the price of BTC and ETH. Both of these coins are very strong in price and the community is very large.

[DesertOasis3]

The altcoin price is traded against both of the major coins Bitcoin and Ethereum, however due to the dominance of Bitcoin over the rest of the market, it is the price of Bitcoin that is currently ruling the levels of everything else.

[nethan1btc]

Obviously, bitcoin is the dominant crypto currency and the ethereum is also the most rivalry against bitcoin. We can't deny the fact that this two great coin is very much know due to their value as well as the ability and capabilities that may give comfortable to each and everyone here in the cyberworld. I would say that I agree in which this two relying the value of different altcoins here in the crypto currency community.

[defoman]

I think that the price of all altcoins depends on the value of bitcoin and without its growth not ethereum, not other altcoins will not grow. That's why SEC approval for ETFs is so important now.

[judyrob]

It will probably look bitcoin which became the reference for another altcoin. When both rides down this bitcoin will greatly affect another altcoin in their prices, too. This dependence is also difficult to make your own altcoin can evolve to be able to achieve high marks in some time to come. But if dare resist the long result will certainly be felt.

[UnDerDoG81]

They are dependent on BTC. I would not say anything about ETH, because the Ether exchange rates are again dependent on that of Bitcoin. I am yet to see an altcoin in the top 100, which go up in price when Bitcoin undergoes a major correction.

Yes, ETH itself is affected by Bitcoin price fluctuations, and most people are paying close attention to Bitcoin as its price fluctuates. Bitcoin is similar to the US dollar today

[twkasun7]

I think there are no two!! altcoin price depend on one & only Bitcoin.Where he goes alts follow them its just a matter of time.

[tolobua]

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

yes that's right, exactly the price of altcoin depends on the price of bitcoin. if bitcoin rises, the altcoin will also rise, and if bitcoin goes down, the altcoin will also go down, maybe that is the law of bitcoin.

[Bay_Harbour_Butcher]

yes of course, almost all altcoin prices are highly dependent on the rise and fall of eth and btc prices, but under certain conditions the altcoin can rise and fall by itself, this depends on the project behind that altcoin

[Yalovtsev]

Now at the moment very much the market envy of bitcoin, the towers it goes the more rise altcoins, the more it goes down, the more violas fall, in General, now the wildest dependence on bitcoin in the market, which was not, in General, I think that only 2-3 years we will leave from this dependence

[arthur305]

While with the present bitcoin dominance it is inevitable that bitcoin rise or fall affects the price movements of altcoins as well

[Silverstar]

In my opinion at this time all the alts depend on bitcoin .. if the bitcoin price falls - all the altos also fall .. ETH has almost no effect on other alts - everything is tied to bitcoin