Does Altcoin price depend on BTC or ETH??

[bezzler]

If I feel like it. Each coin would certainly have the power each. That's where this power is not dependent on the other. However, just because the ethereum and bitcoin it's been great, then it looks like a master.

[handyhuman]

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.

not all of it. because some of altcoins uses other platforms and they dont depend on Ethereum prices.the altcoin price will continue to rise even though the prices of bitcoin and ethereum are going down.

[Paperbuk]

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.

I agree with you, almost all altcoins fall if the BTC prices fall, this makes them like very connected. Therefore all crypto markets are very dependent on BTC prices. It's fun for everyone if bitcoin is always stable or growing even more intense, because much will be supported.

[dimonarka]

Probably yes. Bitcoin and ether are the most popular crypto-currencies. The whole world follows their course. Therefore, they are basic and the cost of the rest they significantly affect

[senopratama]

bitcoin is a pretty huge impact giving the price altcoin the other. When the bitcoin can be felt up and down its effects on altcoin either that there is increasingly falling or there is also the follow up. in the case when this much progress has quite a good altcoin but not offset by an increase in bitcoin so quite inhibited in terms of the increase.

[albertvahitov]

I agree, I think that the price depends.  Bitcoin has a tremendous influence on all altcoins. This altcoin value depends on the value of bitcoin. Usually if bitcoin rises, all altcoins will also go up. If bitcoin goes down, all altcoins will simultaneously drop sharply. And if bitcoin is stable, altcoin is still not moving.

[nepeso]

According to my experience and research data, I can say that this is really so. Each time during the price fluctuations of BTC, the market also begins to undergo certain changes. Therefore, I can state that the cost of BTC significantly influences the dynamics and condition of available altcoins.

[Nivia1st]

I think yes. Altcoin prices are still influenced by bitcoin and ethereum because these two coins are the best crypto with the largest trading volume.

[Amilhussin24]

I beleived it is true. Sometimes, some other altcoins prices is depending on a value of eth and btc, it is because once bitcoin and ethereum holders feel that the value got increased, they will buy some other altcoins for investment, and it will automatically affects the price of any altcoins if community holders of it (Altcoins) will increased.

[Andrewhart]

Like old times. Checking the price at work and realising I am earning far more from my crypto than my job.

[ipsec]

Yes. Haven't you noticed that? Quite often you can see how the entire crypto market reacts to the movement of Bitcoin in one direction or another.

[spike420211]

Look at the market now, there is a correction of the bitcoin price and the price for all the alcoins also falls with the bitcoin price. What is it if not dependence?

[CryptoIyke]

Altcoin price largely depend on bitcoin, it is said that bitcoin is the king of all cryptos, whatever happens to it will have effect on altcoins, Etherium on the other hand have seriously been on the drop and never made any significant move in this bull period and it never had any effect on most alts as they responded to the Bull market which was "led" by bitcoin

[miramax-10]

The price of altcoins depends mainly on bitcoin. Even the price of an etherium depends on bitcoin.

[aileen393332xe5157]

In the cryptographic market, BTC and ETH are two of the most stable and universal currencies. Most of the projects are based on technology and get traded through BTC and ETH coins. Therefore, Altcoin's prices always depend on BTC and ETH.

[Dm.Stepanoff]

the etherium never decided anything. Uncle bitcoin stands at the helm. as written above, if the cue ball oscillates, then all the coins are behind it. but if the etherium then all do not care

[yingfeng]

Yes, the Altcoins market is highly dependent on the behavior of the bitcoin price. Even the ethereum depends on bitcoin. But since trading with Fiat began, it has become more difficult to trade.

[Pr0st0Pr0be1]

Indeed, most altcoins depend on the price of Bitcoin. As much as we would like, but this thing is unchanged from the very beginning.

[enriquemendez18]

Both but more Bitcoin as it's the biggest and main trading pair.

[bibie26]

i think yes, because every token whos got listed on any exchanger usually trading pair with bitcoin, etherium or usdt, so my answer is yes.