Bitcoin down Altcoin down

[Mr. Legendaris]

Bitcoin is the parent price of cryptocurrencies, if the price of bitcoin rises it will also lower the price of altcoins and vice versa, I hope that cryptocurrencies can be independent and not dependent on bitcoin so that the development of crypto is better and more profitable.

[florinda0602]

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

I think the prices of bitcoin and other altcoins have generally similar movements. But in the last few months, I can not see similarity between the price of bitcoin and an another altcoin, for example ethereum. In my opinion, the next movements can maybe show us some differences.

It is precisely if I observe that the relationship between altcoin and bitcoin is very closely related so that they influence each other.
in a state of bitcoin dropped where many altcoins were affected and fell. although there are also altcoins that survive but are relatively very few.

I notice that if bitcoin is down, all the altcoins follow. Its like a domino effect in the crypto world, Its been long months that we have struggled for the market price and it don't even go up to a high point we expect. I hope before the year ends it will definitely rise up again.

[guzman]

Crypto market is so complicated.Most of them are closely related by pair and price with BTC. Traders also scared to trade when BTC is going down.

[Kaller]

That is usually what happens. You see all of the altcoins have trading pairs with bitcoin so whatever happens to the price of bitcoin is always affecting the price of all of the altcoins. This is why you see that any recovery or bull market always starts with the price of bitcoin going up. The whole of the market pretty much depends on the price of bitcoin for their own prices.

[wcryptocoins]

Yes, Altcoins followed the Bitcoin exchange rate - Bitcoin falls, Altcoins fall. All cryptocurrencies focus on Bitcoin because Bitcoin is the most famous cryptocurrency.

[arvind82]

Both bitcoin and altcoin are the two cryptocurrencies. BTC is the first cryptocurrency. When price of the bitcoin falls down then the price of  altcoin will also be down. Because all the altcoins are follow the BTC. There prices can effect all the other altcoins.

[bitcoinvestor]

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

BTC is the leader. Yeah all coins depends on bitcoin, that is why some whale know how to pump and dump. They have a lot of cash to control the market. The high volatile market make some traders suffered lost. Have you ever seen a trading platform that not list BTC? First time trading platform must list BTC. Only eth dex platfrom like idex and forkdelta not list BTC.

[kenmobility]

there is no way that bitcoin will fall in price and it will not affect other alt coins, bitcoin is the father of all alternate currencies and above all, it has more adoption more than the others, so it affects others.

[Papsie]

What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.

[Restmand]

What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.

this is what i'm trying to point out. that the bitcoin is very important not only to the cryptocurrency industry but for us too. if the bitcoin gone i am sure it will not only a big affection but mass or in the worst case this industry would be gone . because all alternative coins are only depend in the price of bitcoin and if all coins are gone there's no reason to stay.

[DavidY]

Bitcoin is the king of all cryptocurrencies, it dominates. When bitcoin prices fluctuate, all cryptocurrencies will fluctuate, so I think all cryptocurrencies follow the bitcoin movement.

[Pendularin]

What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.

this is what i'm trying to point out. that the bitcoin is very important not only to the cryptocurrency industry but for us too. if the bitcoin gone i am sure it will not only a big affection but mass or in the worst case this industry would be gone . because all alternative coins are only depend in the price of bitcoin and if all coins are gone there's no reason to stay.

Bitcoin will not be gone, and in fact this will be ghe the most and demand currency in the world right now when it comes to profitable investments. If that happens it will be abolish or will be removed from our financial systems, I guess many people will become disappointed with that. Many holders didn't dump their coins in order for the value to rise even double or even triple.

[jikurpa]

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

in my opinion the cryptocurrency has the main coin guidelines and the possibility of the coin is the highest coin in the cryptocurrency market

[alt18coins]

Value of altcoin is depand on bitcoin.. Bitcoin is a best coin in whole crypto currency.If price of bitcoin are increase price of all altcoin are also increase at that time all coins price is low..but you should hold it.Price may be increase definately.

[Superturacoin]

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.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Actually, all coins are down and we don't know when to fluctuates again but most of the strategies by individuals is to hodl for and taking long term investment. I hope all coins may recover immediate in this year.

[ice098]

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.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Actually, all coins are down and we don't know when to fluctuates again but most of the strategies by individuals is to hodl for and taking long term investment. I hope all coins may recover immediate in this year.

Its normal in crypto price once Bitcoin goes down Altcoin is also goes down, so since its falling I think you should hold it for a while until the price of them goes up again. Don't worry about its falling because surely it will rise soon which is always happenend like what the situation happen now. The price right now is pumping after its long time falling, in other words even its falling in the end it will gradually rising.

[TheWolfCrypto]

There is an indirect correlation between bitcoin and litecoin. It lies in the fact that investing in altcoin invest in bitcoin in parallel, and when withdrawing funds from cryptocurrencies withdraw money from both categories.

[Falconet]

Well, there was definitely a tendency on altcoins to increase in price when bitcoin pumped, but they are more independent now, maybe because some of them are offering some innovative ideas of their own.

[ooeygooeygold]

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.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Actually, all coins are down and we don't know when to fluctuates again but most of the strategies by individuals is to hodl for and taking long term investment. I hope all coins may recover immediate in this year.

Restoring altcoin requires a lot of factors and most importantly, a great deal of new and great investment is made in this market to help grow the altcoin. I would hope that would happen but investors should be prepared for the psychology because the fluctuations can happen at any time and investors can lose everything if only invest in a kind of coin.

[Cairo18]

Yes, I think all coins are the same that is red. Bitcoin itself is down now, i think all will just follow. I think its because bitcoin is the first digital currency. However, all crypto currency have the same trend that needs a huge demand to increase the price.