Bitcoin down Altcoin down

[Abbey77]

Bitcoin @ the rate of 6000$is low and this has to do with altcoin, the more the lower in bitcoin price,once Bitcoin start rising back,all altcoin also we start rising

[demobad]

Yes, with the growth of BTC, there is almost always a drop in altcoins, which begin to grow after stopping the growth of BTC.

[onlygodknowsx]

Well if the bitcoin and this alcoin is also down this is a good time to buy for investment cos base on my observation altcoin is follow the bitcoin upper down value last year bitcoin was huge value and the altcoin is to the follow and hope this time we rich a gain a good profit from bitcoin and altcoin

[VineyardRange42]

Its normal don't worry.

[Rongelweng]

I think that the price of altcoins are depending on bitcoin. So if the bitcoin's price decrease dramatically it is good to buy bitcoin as well as altcoins because the altcoins price will surely decrease dramatically also.

[Significant254]

Altcoins are greatly influenced by BTC.

[glax1983]

I believe, in fact, these two crypto currencies are not very closely interconnected, but one-time growth and fall arise due to the general situation on the market

[JunMel]

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

Yes they are directly proportional when bitcoin down all altcoin goes down too. Bitcoin is just like gold stock in world bank when your gold stock getting low so does your country fiat currency.

[Zinooki]

Well, not all altcoins depend on the growth of bitcoin. For example, Tether. The development was carried out on the basis of the bitcoin. Using digital equivalents of real currencies, Tether is able to ensure the stability of quotations.

[Md Saykat Nazir]

in my opinion now a days when the charge of bitcoin is down not all altcoins can be down also there are some altcoins that strong and there are a few that will increase their price.

[Shyamnautiyal8]

Yes i think it is right that Bitcoin is the master coin of the cryptocurrency and its market condition affects altcoin's price.

[aokiji06]

The first coin is bitcoin, bitcoin is another master of coins.
all altcoins still use bitcoin as a price reference.
so this is also a factor if bitcoin rises, altcoin also rises, or vice versa
other than that for now the price of bitcoin is the highest price compared to other coins

[saint_casanova]

It is, since Bitcoin is the 'face' of the whole cryptocurrency market so there is only a few rare time that other alts did well than Bitcoin.

[ABYANSYARIF]

surely there is connection between bitcoin and altcoin price,
btc down = alt down
btc up = alt down
btc stable = alt up
but it cannot be used as a guide for short-term trading, for example is the price of doge this week when bitcoin dropped, the price of doge coin actually rose even almost 100%

[kaltar]

During the last week, large amounts of money are withdrawn from the cryptocurrency, and if the price of bitcoin is relatively stable, then the price of altcoins is falling lower and lower. It seems that in the near future the price may fall even lower and we need to be ready to buy bitcoin and altcoins at even lower prices.

[Ekaterina Stalin]

Bitcoin always leads the market trend. When Bitcoin falls, all the altcoins will fall, but the altcoin will not drive the trend of Bitcoin!

[akeda]

Yes, of course, both of them have influence, bitcoint and altcoint, if the bitcoint price drops, all coints will go down and vice versa, as the king crypto, bitcoint certainly has a big role if there is an increase or decrease in coint

[tyas pur]

There is indeed a connection between Bitcoin and Altcoin.
Bitcoin is a king of coins that can affect the price of a Cryptocurrency and make many people realize that the decline in the price of Bitcoin will affect the price of altcoins.
Altcoin really depends on the price of Bitcoin.
Because Bitcoin is a major coin affecting the market conditions of Cryptocurrency.

[NightClawC]

because bitcoin is the King. So everything essentially focuses on that. As presently as he falls, everything falls.

[sliderider]

I don't understand when people say alts follow BTC because when BTC was at its current price before this year around in June, alts weren't this low.