Bitcoin down Altcoin down

[TomInVa57]

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

It is simple market trend. When the most reliable cryptocurrency goes down people start worrying about the end of marke and start selling much more.

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[Gromx]

yes most of altcoins price related to bitcoin price if bitcoin price down most of altcoins price will be also down if bitcoin price rise altcoins will be also rise but i found few altcoins which price not related to bitcoin

I wonder what these altcoins are.All top coins are forced to follow the General trends.Maybe your coins are shitcoins, or don't even know what.

[RoryDennis]

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

Bitcoin does not really affect the coins I am using. Coins like Paragon, Stellar and Cardano are really great. They are excellent in profitability and project wise too. They do not fluctuate.

[hugasinora]

I do not understand the relationship between the two, what I know is that when the BTC price decreases there must be a lot of bad news about crypto which will eventually have an impact on the price reduction that occurs in the altcoin, maybe many people think it is very risky to hold the altcoin when BTC decreases

[Boybugwal760820]

Regarding this matter that whenever bitcoins goes down all the other altcoins or crypto currencies will also follow to go down because it is very much known in the crypto market and to all the crypto enthusiast that bitcoin is the king of crypto currency so all of the crypto currencies will be affected every time when bitcoins market value will go up or go down.

[tranle1267]

i think the reason by the volume of bitcoin too big and they can control the crypto, the price of bitcoin go down and up will be affect directed to the altcoin.

[zhaichi11]

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

We all know that bitcoin is the #1 cryptocurrency now. So basically many altcoin will sure depend in the value of bitcoin. When bitcoin is down altcoin will follow.

[george_hured]

BTC has recently shown surprising stability, so I think that lately prices will still fall to attract investors to the market, strangely, but I still don’t see new investors. We hope that they will come and everything will be much better.

[danipay]

bitcoin will remain a reference for alternative coins. bitcoin is a coin that has a huge impact on other coin developments.
so it is very high consideration to make decisions from bitcoin for other coins.

[Gasolindance]

It's correct information, that bitcoin going down, but altcoins rising up now. Small falls of altcoins aren't equal bitcoin.

[Teal Deer]

In fact, I was also convinced that all altcoins depend on the BTC rate. But here's a phenomenon I was able to see. Recently, the BTC rate is more or less static, a small increase and a small drop, thus showing a small dynamics. At the same time, altcoins show much more significant jumps, especially the pump up. So whether they depend or not, but the result on the face, altcoins can move up regardless of the BTC rate.

[Serg33vnik]

YES, Bitcoin holds a dominant position among cryptocurrencies and its price is strongly associated with the price of altcoins, so far this is a fact!

[EducoinVietnam]

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

It is not about BTC only. When there is something wrong with ETH, thousands of related tokens become significantly cheaper in the blink of an eye.

[Caladonian]

In fact, I was also convinced that all altcoins depend on the BTC rate. But here's a phenomenon I was able to see. Recently, the BTC rate is more or less static, a small increase and a small drop, thus showing a small dynamics. At the same time, altcoins show much more significant jumps, especially the pump up. So whether they depend or not, but the result on the face, altcoins can move up regardless of the BTC rate.

They are showing a good pumped as they experienced a massive dumped before, just like what happened to bitcoin before this barrier, coming from last year high almost $20K and now standing strong between$6k-$7k at most, those alt coins suffer a massive dumped together with btc and the best example to that is ETH itself, though we are seeing 10-50% of increase coming from the alt market but the actual percentage to that from the previous high still comparable with bitcoin value.

[maculeth]

although there is no close relationship between the two, their presence in the market can be interrelated. bitcoin is a coin with the number one in the market and of course taking the influence of demands on the biggest community, and of course all will depend on bitcoin. when bitcoin loses demands, the altcoin will also lose its demands and make the price go down simultaneously.

[LingoMaster]

I think BC is the alpha male/female of the clang, its performance reflect the condition of the whole family.

[Volk-05]

Maybe there is no relationship between them, but currency conversion takes place in a pair-by-bit pair of bitcoin, so altcoins always follow the first currency!

[Lubang Bawah]

YES, Bitcoin holds a dominant position among cryptocurrencies and its price is strongly associated with the price of altcoins, so far this is a fact!

Bitcoin that is too dominant is certainly not good, this is what makes devs. must be creative to be able to implement crypto directly so that it is not dependent on bitcoin.

[supine]

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

Bitcoin price and altcoin price is related since most altcoins are paired with bitcoin. If bitcoin price falls down, altcoin price is also affected. Most traders and investors know it, that is why whenever there is a small movement in bitcoin price, altcoin prices are affected too.

[asayoyaasa]

Ya, its connected each other between btc movement price altcoin price. I don't know why its related, but we always see this. If btc just sideway, then altcoin can grow up.