Is this the begining of Altcoin fallen kingdom or is it the opposite?

[l10no]

As we know that nowadays almost all altcoin prices are falling, and what concerns me is, why does the price continue to fall, is there a particular problem behind the current altcoin price drop?

[cepot9]

seems reasonable because bitcoin lately always gives an unexpected surprise, better resist if you hold altcoin. you can also see the history in june july 2017

[l10no]

You're right, it's like it keeps repeating itself, even the percentage and graphics are almost identical, but I'm just curious, what's wrong with June? Why always come down this month and start up in mid-August?

[Sony.UK]

As we know that nowadays almost all altcoin prices are falling, and what concerns me is, why does the price continue to fall, is there a particular problem behind the current altcoin price drop?

It depends on Bitcoin price fluctuations once Bitcoin is stable in the market automatically all the altcoins are recover in the market. But main reason is currently demand is reduced in cryptocurrency. I think after Ramzan Id/Eid-ul-Fitar crypto market is start to pump because some of the Islamic investors are busy in current situation so after Ramzan they are all buying more Bitcoin and altcoin.

[salinagomez]

It is observed that when the price of bitcoin is low then the price of the altcoins will be low. Actually market fluctuates with the fluctuation of the bitcoin. June is seen as the black month as we are experiencing a low price in this month. I think investors especially the Muslim investors are busy with shopping for their upcoming festival now. So this can be the reason.

[bontkoli01]

Altcoins always follow bitcoin in terms of price. The price of bitcoin is less and as a result same is the case for alrcoins. The market is basically judged by bitcoin and thus it has much influce over the price of altcoins too.

[michaelzagoskin]

Altcoins always follow bitcoin in terms of price. The price of bitcoin is less and as a result same is the case for alrcoins. The market is basically judged by bitcoin and thus it has much influce over the price of altcoins too.

Well, that doesn't always happen. For example, Ethereum does not always follow bitcoin. Now another problem is politics and Economics. Many countries keep neutrality in the expectation of the positive aspects of cryptocurrency in relation to fraud in the economy and other black....

[Teraboy]

Bitcoin affects the price of other coins. So, if bitcoin is in brearish position, thereis possibility that the altcoins wil also have the same.   

Because the majority of people are thinking that to move their altcoin into the bitcoin can save their amount but it's totally wrong. The possibility to save our money through convert them all into the stable coin just like tether. They are all don't get it.

[batang_bitcoin]

When altcoin prices drop, bitcoin drops too and this what's happening to the market right now.

Altcoin market seems to fall but only for those tokens that are totally worthless and being dumped by most of it's investors. And the no community tokens that are being left by their people/devs/supporters are going to fall but the rest that are doing good won't.

[2weent6]

Bitcoin affects the price of other coins. So, if bitcoin is in brearish position, thereis possibility that the altcoins wil also have the same.   

Its happening right now, but I think Altcoin may continue to dump as the bear market continues and it will just bounce after the bear trend. The chart says it all, but eventually strong Altcoins may find its rhythm way up.