Bitcoin down Altcoin down

[dakiller]

Today BTC once again decreased deeply. The market does not seem very promising for.

[Arrbuzz]

More bitcoins, but oldoini still shot down. They don't seem to follow the bitcoin recovery trend, which is surprising as they always keep a close eye on them before. Usually with the fall of bitcoin then there is a fall of altcoins, and with the growth of bitcoin there should be a growth of altcoins, so I do not understand what is happening with the market

[Sier86]

Yea, bitcoin and all altcoins are falling down, right now is very sad to watch of graphics. Im trying not to check my portfolio because each day i see only money lost and no pump. I really hope it will change soon

[Torps1]

Bitcoin and Altcoins are both down....yea that has been the trend in the past and may likely be what we will be seeing in the future until  altcoins are able to stand independently. The only relationship between the two that I can remember now is the fact that bitcoin is used in purchasing most Altcoins tokens.

[Xavinle]

Altcoins almost always follow bitcoin. And there is also growing Bitcoin and altcoins are falling. Because people sell their coins to buy bitcoin.

[TomiJerry]

Yes!  It is direct link between Bitcoin price and Altcoins. Most of Altcoins is traded vs Bitcoin and if Bitcoin price is falling it is mean the Altcoins price is falling automatically.

[Sistivib]

Altcoin and bitcoin exist in the same market, and both are cryptocurrencies. there will always be a connection between them. But this has not been proven by actual research. However, seeing the market model in recent years, it can be said that when the price of bitcoin changes the price of ALT coins, it changes too.

[HichemFetoui]

yes usually when bitcoin drop in price alt drop as well and when it's up nothing move except him this is the nature of this market good luck with your investment

[Wend]

The whole market is interconnected, and when bitcoin falls, all other currencies react. This is normal and nothing can be done about it, only to accept it

No doubt about that as you said this was normal ill think yes it is, We don't need to panic on why the bitcoin and altcoins falling down the prices. Actually it will come back soon to rise again.

[paul gatt]

Bitcoin discounts have led to a drop in the price of the altcoin. As the market capitalization is down and investors are less likely to trade, Bitcoin is at risk of slipping because of weakening liquidity. Just a shark with a capital of 10 thousand BTC, valued at approximately $ 100 million, has fallen.

[CRYPTOTEMAN]

Almost the entire market is now tied to bitcoin, so there is always a connection between its fall and the fall of any other currency.

[sonheko]

For me, I trust the purpose behind this is on account of bitcoin is the most established crypto and other altcoin were worked from it blockchain that is the reason it controls the cost of altcoin however I have confidence in coming years, the altcoin will have the capacity to likewise remain individually and not be influenced by the cost of bitcoin.

[freshbcash]

To be honest, I did not ask this question, but I think that there is a partial connection, because Bitcoin is the most popular cryptocurrency and the success of its so far depends on the success of altcoins.

[Cryptrx]

From what I been able to deduce from the market movements, I have to say that altcoins and Bitcoin are somehow related because each movement of Bitcoin has a direct effect on altcoins.

[fxcryptotrader]

when bitcoin down, traders take advantage of dip.The sell altcoins to buy bitcoin at cheap rates. Sometimes bitcoin goes up but still altcoins down.It happens when bitcoin dominance increase.

[veter2601]

The behavior of bitcoin sets the trend of the whole market of altcoins . Therefore, when a bearish trend of bitcoin, all altcoins are also coming down.

[DiabolicAnt]

Of course there is correlation between them. BTC is the main crypto curenmcu so it’s no wonder that thery are connected. You have to consider the BTC rates when you manipulate other currencies.

[raiderking96]

In 2018, Cryprocurrency has experienced a price reduction many times, and what currently happens in my opinion is a very deep decline, especially for ethereum, I am fortunate enough to have sold some of the crypto that I had before this storm occurred. And now is the time waiting to buy back.

[WoodyZ]

Bitcoin is the first and dominant crypto currency. All crypto-currencies live in a single market, so fluctuations in the dominant currency will certainly affect all others.

[jermainephoe]

Generally, we see that when bitcoin price fall then almost other cryptocurrencies will fall as well because bitcoin is the first and the best cryptocurrency at the moment. It is also true that there are some altcoins that don't depend on the bitcoin price!!!!!