Bitcoin down Altcoin down

[danipay]

bitcoin is a benchmark for all the second and third generation altcoins, if we give the name bitcoin as the first generation cryptocurrency, then all forms of altcoin then the reference is Bitcoin, if bitcoin goes down the other coins also go down. but there are also some coins whose prices actually increase if bitcoin goes down, this is a type of cryptocurrency or altcoin that stands alone, usually coins like this have their own prices without linking to bitcoin, even though we can convert the market into bitcoin when trading.

[GameOfBit]

I believe that all dependencies depend on the cost of bitcoins. Therefore, when the price increases or decreases for bitcoins, then the altcoin jumps for the price.

[Malkazimir]

For the normal functioning of the market, alternative currencies must exist. When the price of bitcoin increases, the price of altcoins falls. You can count on the growth of alts in the case of bitcoin lateral movement.

[moshuk]

Oh sure . Bitcoin pulls down Alts , he as the leader, where he went and all his charges. 

[Faruque312]

everyone depend on bitcoin, so when btc goes down that time all altcoin also goes down. altcoin going down day by day only the reason btc goes down.

[CaMeRoNy]

It's simple, Bitcoin is the leader in capitalization and therefore all altcoins will follow up or down Bitcoin. It would seem that everything should have been so, but due to the fact that recently we all began to notice the influence of whales on the market, now it does not work quite so.

[MNtrio]

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

Simply because altcoin is just relying from bitcoin. Most of the other coins are just made after bitcoin and if the price of bitcoin will decrease then they will do the same. It was just a vice versa.

[nameforcoin]

The bitcoin the most important cryptocurrency in the market, is its basis. All cryptocurrencies are trading to bitcoin and when a basis to fall that and they respectively too go down in price.

[geohawk]

As a matter of fact, I concur with the hitrawal91 ideas and articulation that bitcoin is the lord of the digital currency and it was the main coin which presents a couple of years back in the crypto advertise. It acts like stock list or you can state emini file where the incex recorded stocks take after the list bearing and merchants just the list drift outline to recognize the general economic situations and by and large assessment of the market.

[krazyphrick]

Yes, without doubt, the ranks of alternative crypto currency are dependent on bitcoin. And this trend is already a proven fact. But, nevertheless, this does not affect top altcoins, such as Ripple, to improve their services and enter into profitable contracts. Thanks to such actions, altcoins grow in value.

[alexsoul]

There is a direct link between bitcoin and altcoin. Bitcoin has always been and remains the main cryptocurrency, and the price of other altcoins depends on its price. The popularity of cryptocurrencies has not yet gained a sufficient level, many people call cryptocurrencies in one word - bitcoin.

[sinkfish]

over 50% control over the market. all altcoins shall bow down to bitcoin

[AVAMONEY]

When the price of Bitcoin falls, the value of altcoin also decreases. We can see that Bitcoin is strong in the market and has full control on the market because bitcoin is the king of all altrcoin and all other crypto move with bitcoin prices.

[Konostar]

Yes that's common in the crypto market. if bitcoin is stable or has increased. I think altcoin will experience the same increase as bitcoin.

[bogacola]

Market goes down when more people take money out; market goes up when more people put money in.

[suryogandul]

bitcoin goes down, there will be panic and many investors sell their altcoins to buy btc at the lowest price, the altcoin will have a chance if bitcoin is at a stable price

[AaronVanW]

Obviously, bitcoin and altcoin are two coins that are firmly related, every one of which gives each other an association. The development of all altcoins is completely controlled by bitcoin. In the event that bitcoin gets a noteworthy decline or increment, at that point the cost of all altcoins likewise takes after the stream of bitcoin as indicated by the capacity of each altcoin.

[jin_dv]

Almost all cryptocurrencies have a positive correlation with each other. This means that the crypto market as a whole reacts to the same factors, the total capitalization of the crypto market fluctuates relative to some external factors, cryptocurrencies, in General, move synchronously.

[JGreg96]

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

After few months i noticed that when btc goes up, the dominance increase a lot; when btc falls, all the market goes down and when btc lateralizes, a lot of altcoin goes up.

[ligerti]

I am absolutely sure that the prices and positions of the altcoins in the modern market really depend to a large extent on BTC. Therefore, you need to be patient - after the restoration of BTC positions, the situation on the market must necessarily normalize.