Bitcoin down Altcoin down

[hanapre]

I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.

[putrii]

yes you are right I think it has become commonplace when bitcoin price falls then altcoin price will fall because altcoin price depends on the bitcoin price condition and when bitcoin transaction is very crowded and bitcoin price condition increases then altcoin price will increase price because altcoin will be made to alternative delivery to other exchange places.

[gendang_cinta]

This doesn't always happen. Sometimes there is a movement from Bitcoin to altcoins and vice versa. I think as Bitcoin goes up, sometimes people panic and want to move their holdings into just bitcoin... but when there's a scare and people are trying to get out of Crypto you would see all coins effected.

yes, both have different demands and developers but in a connected market.
I think bitcoin may affect altcoin because if bitcoin prices fall investors start to panic and start making altcoin demand down but that's not always the case because there is actual altcoin that goes up even though bitcoin drops as it all depends on the demand of self coins.

[simapple]

There is negative news that affects not only the BTC or Altcoins rate, but the whole situation on the crypto market, then the total capitalization falls. At the end of this month, we observed how the dominance of BTC in the cryptocurrency market is growing.

[kristensoto]

I think this is just a market fluctuation. The market will soon stabilize and recover. We should be patient and hold on until prices rise. I believe that by the end of this year the market will boom and Bitcoin will reach over $ 20000. Now is a great opportunity for us to buy Bitcoin and low altcoin. The altcoin that I will buy is Ethereum, EOS, Cardano and Monero.

[runway]

I do not think that . As far as I'm concerned at the moment the price of the BTC goes up while the altcoin coins are stuck in place. So this is not right to say so.

[Fadhil Pahlawadi]

the relationship is the same, but I, according to my personal guidance, there is always a period where the period will rise and where the time will come down, that's us as traders in bitcoin and altcoin

[cr1st0f]

The thing is all altcoins trading in pair with ethereum or btc, and btc trade with eth, so because of that if btc or ethereum down, then all altcoins down!

[ace4549]

If this happens that the company of bitcoin and ethereum is in the down situation then it is horrible that the two fame company are in down fall meaning they are one company that compete with them.

[hastag_80]

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Will in my own perception once the bitcoin is down the others crypto coins  also been affected,thats whybthis happen in etherium i heard a news feed thats wallmart the one most popular and known hypermarket all over the worlds is selling a huge bitcoin and change to fiat currency  thats why the crypto market is goinh down  now and this happenthe bitcoin is affected and dump also the etherium and the other coins would been carried away of this wall mart selling bitcoin,therefore in this i discover i've been wonder and amazed now thats wall mart is the true living hypermarket or departments store accepting crypto currency transaction.

[Criptonline]

Now the market is falling strongly, I think that soon bitcoin will again cost 4-5k, and altcoins will become cheaper even more. The market continues to grieve.

[James678]

The market is shaking in different directions, it is unconditional. But always after the fall follows the rise. New players come and everything becomes more interesting. Well, yes, we are waiting for a long time, so what now to do. All bets at the end of the year. The market is dominated by sellers, not buyers, so the price will fall. And this fall can lead to the renewal of the low of 2018.

[goku1525]

Now the market is falling strongly, I think that soon bitcoin will again cost 4-5k, and altcoins will become cheaper even more. The market continues to grieve.

Although market of both coins decreases still they are one of the most popular and more interesting in future because it can take good profits ,all we need to Do is be willing to wait and have a good emotions and positivity in such technology.

[marcenzofing]

bitcoin has been binding the market from time to time until now, therefore, bitcoin will greatly affect the development of altcoins that have entered the trade.

[GatotKaca]

certainly related, bitcoin affects all altcoin if bitcoin decreases then altcoin down. but it can happen but only a few of the new coins are rising high when bitcoin prices go down, perhaps because demand for the coin is so much that it can affect the price. but here I emphasize that everything is very dependent on bitcoin for ups and downs of prices.

[jakiro.hovard]

Alcoins decrease in price despite the fact that bitcoin still started at least some sort of upward movement. I can not understand why ETH, does not become more expensive, why it is not bought? It's strange, because earlier ETH very often repeated the movement of BTC

[Michail9090]

I also noticed the trend when bitcoin goes up, altcoins down, and bitcoin down, altcoins down too

[Killrbit]

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Of course there is.

Bitcoin is the primary and most important crypto out there today. It was the thing that started this whole industry and is probably the one crypto currency that almost everyone trusts entirely in this sector. It has had lasting power and survived countless attacks in its time.

Think of it as the gold in crypto.

So whenever markets are uncertain about the future and people want to avoid risk or safely park their money, than this is bitcoin becomes the go to coin to hold. This is why you are now seeing a massive altcoin sell off with most funds moving into btc right now

[satgoldan]

Today, the falling is the trend of the total market as a whole, given the lack of a positive news fund or new "trading opportunities". Bitcoin should show something new like Bitcoin ETF

[jagaban]

This is because the movement of bitcoin dictates the flow of all other altcoins. Bitcoin has a market cap that dwarfs other altcoins and so when it goes up, it irrevocably keeps other alts down. Same happens when it goes down. The only time alts can have breathing space to go up is when the price of btc stabilizes