Bitcoin down Altcoin down

[sudah_wisuda]

according to this case, if I have been in the crypto for a while and I have noticed that so Bitcoin High, the same goes with most Alts and the same thing when Bitcoin is down. so it's only natural that the bitcoin under altcoin also decreases dramatically and this will happen anytime but if the increase in bitcoin or altcoin will continue to increase.

[Bitcoinjheta]

The market still dependable to the highest value of a coin that is bitcoin why? Because, bitcoin is the first and unique forms of platforms of decentralized cryptocurrency. And being held as the king of all altcoins which means the supply and demand of paltforms start paying bitcoin currency to make it a coin.

[engwenqu01]

Bitcoin is the flag of the cryptocurrency market, and its wind direction determines the direction of all other currencies. Today it has to blow in the other direction, which is the direction everyone likes. Only with the blessing of funds on Bitcoin can the market gain confidence.

[trademaniac]

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

When you look at the price of an altcoin in USD, you are actually looking at the altcoin’s price in relation to Bitcoin’s exchange rate with USD. Every altcoin value must first be converted to Bitcoin equivalent value before it is converted to USD.

When the Bitcoin price falls or rises against the USD, all the altcoins will usually follow. This is because all altcoin prices are based on their Bitcoin exchange rate, not their USD exchange rate.

it seems to be as you wrote.
but there are altcoins that react in the opposite way to bitcoin.
I do not know why.

[larry1994]

yes. why so when bitcoin and ethereum dropped the value all over.
but if they increase the value of other tokens do not increase why so. because they do not hold the value of each tokens?


what do you think ?

[koralan]

The BTC is the strongest, most stable electronic currency and is capable of dominating the entire Altcoin market. When the price of the BTC is high, Altcoin's price is high and vice versa, the price of the BTC is reduced, the price of Altcoin decreased. This fact has been evidenced by the fluctuations in the cryptographic market.

[kattokassinen]

If want to information of the bitcoin and altcoin. Market place is help to give the more information of the all coin. If bitcoin price is go down some altcoin go up and some coin will be go down. I check the market price every time.

[Zack Lee]

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

there is a relationship between bitcoin and altcoin, because the benchmark of altcoin costs using bitcoin, so it's only natural that bittoin down altcoin also decreases drastically and this will happen anytime but if the increase in bitcoin or altcoin will continue to rise.

bitcoin and altcoin for me also they are sounds to be the partner to be that no matter what may happen on bitcoin there is a possibility that it can ever be on altcoin too.

indeed bitcoin lowers Altcoin but not entirely wrong bitcoin because altcoin itself always follow bitcoin bite hence
even though bitcoin up or down altcoin always follow its movement because both altcoins are needed each other but what I am looking at now Altcoin and bitcoin price in the recovery period

[Bikers]

yes. why so when bitcoin and ethereum dropped the value all over.
but if they increase the value of other tokens do not increase why so. because they do not hold the value of each tokens?


what do you think ?

This is a very interesting question))) personally my reasoning is that  BTC / USD and ETH/USD, there are the main trading pairs for the entry into the Fiat pairs, only a few violas are at odds ....Well, of course the price of bitcoin reflects the general mood of the community of people))

[rapidgoog]

there is still a strong influence of bitcoin on other coins.There is a relationship between the two, or they both rise, fall or Vice versa.  there is still a strong influence of bitcoin on other coins.

[nebuch]

Because bitcoin is not the last coin in crypto nor the at the middle comers in crypto world. It was the first ever coin that introduced virtual currency to the people through internet connection. Without any means of internet bitcoin couldn't be successful now. Thanks to internet that helps bitcoin to achieved whatsoever bitcoin reached. So far bitcoin doing well even though it decreases still no one can defeat this bitcoin reign in crypto as the original coin ever.

[Landakhitam]

yes. why so when bitcoin and ethereum dropped the value all over.
but if they increase the value of other tokens do not increase why so. because they do not hold the value of each tokens?


what do you think ?

This is a very interesting question))) personally my reasoning is that  BTC / USD and ETH/USD, there are the main trading pairs for the entry into the Fiat pairs, only a few violas are at odds ....Well, of course the price of bitcoin reflects the general mood of the community of people))

But of course all bitcoin prices will be affected by the bitcoin price movement, and it always seems like that, if btc is really stable then altcoin prices will have a chance to go up.

[zDNkfr9]

All altcoins grow with the growth of bitcoin, falling and falling. Bitcoin is the market leader, and they fluctuate with the fluctuation of bitcoin prices.

[fortelen]

Based on the market price, the price of altcoins always follows the Bitcoin's. Here, we can see that the Bitcoin still holds the great influence on the altcoins. Moreover, many platforms or exchanges also use the BTC as one of the payment methods for buying the altcoins and another cryptocurrency. the use and trusts of bitcoin really still influence the market.

[warialien7]

if I think for now, when crypto market is in bad condition, chances are all altcoin depends on cryipto market king that is on bitcoin, because i have noticed that altcoin depends on bitcoin and altcoin follow bitcoin price trend, when bitcoin price rises and it decreases, then it affects the value of altcoin, but not all altcoin down, there is still an increase and persist with the price.

[alexhitch20]

Obviously, if bitcoin drops 10% then alts normally drop 20%. Just check what's down more form the all time high.

[sleepless]

Obviously, if bitcoin drops 10% then alts normally drop 20%. Just check what's down more form the all time high.

Usually this is the case, but there are also alcoins that rise up regardless of bitcoin, next to which is HYIP, or which will simply be pumped.

[eliek18]

When you look at the price of an altcoin in USD, you are actually looking at the altcoin’s price in relation to Bitcoin’s exchange rate with USD. Every altcoin value must first be converted to Bitcoin equivalent value before it is converted to USD.

When the Bitcoin price falls or rises against the USD, all the altcoins will usually follow. This is because all altcoin prices are based on their Bitcoin exchange rate, not their USD exchange rate.

[heartthew]

I think that next month the price of the Ethereum will grow again. This should be expected from the market.

[cpk02]

The hole market again rise up, look at the CMC. I think its just starting, hope it will be continue.