Bitcoin down Altcoin down

[skiorf]

Between bitcoin and altcoin has a very close relationship and both have an attachment to each other towards its growth. Bitcoin is the main coin leading the growth of all existing altcoins, that altcoin will decline when their leader (bitcoin) decreases, and vice versa. While the decline in the price of bitcoin is influenced by many factors, given the nature of bitcoin which is very sensitive to the small things that are related to it.

[dilandanmilea]

from some of the articles that I read, most of them said that the reason why the price of altcoin depends on the price of bitcoin because BTC is the top coin being traded for other alt's in terms of market cap, volume, and general popularity, it is thus at the center of the crypto economy

[lg15x]

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

All prices for altcoyin are based on their exchange rate Bitcoin, and not on the dollar exchange rate. When the price of bitcoins falls or rises against the US dollar, all altcoyins will always follow down or up

[NicoleMorgan764]

I think Bitcoin is the cradle for a coin to grow as it is at the moment. But it can not be said that, as other coin values are diminished, bitcoin also diminishes. Bitcoins lose their value because they are affected for a variety of reasons. Because bitcoin is indigestible, other coin prices are depreciated as well.

[paragon07]

I think bitcoin has the power to control altcoins, if bitcoin decrease altcoin will decrease also vice versa.

[leonarda]

Yes, all are related in many ways. And bad news for crypto will affect all coins equally. In some cases, dumping of one coin may benefit , another coin.

[cezariya]

Yes, any dip in bitcoin prices will reduce the price of alt coins. Occasionally, you may see jump in few coins even after bitcoin price crash due to manipulation.

[Fortified]

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

In other words , cryptocurrency was falling so that is why they are all both falling , though there are instances that Bitcoin is going down and some of altcoins are not doing the same , perhaps it is independent to each other , but this time both Bitcoin and altcoin are going down .

[Sasha88x]

Yes, it is a clear pattern.. If Bitcoin goes up, the altcoins are also up. With strong and long-term growth of Bitcoin ACE altcoins are growing(even the most painless)

[Vasya]

Bitcoin is as yet King. So where bitcoin goes, typically altcoins go. In any event for the time being, I don't see that continually being the situation. Furthermore, for instance back in december and january amid the buyer showcase, that wasn't the situation. Alts were running wild, regardless of what bitcoin did.

[cryptobiolog]

There is a connection between them - this is the cryptocurrency market and its reaction to world events and news. If Bitcoin falls, the altcoins do not always fall, much depends on the internal circumstances in the development teams.

[vin1103]

bitcoin not following altcoins, but altcoins following bitcoin, when bitcoin goes down altcoins too, thats because bitcoin is leader of crypto,and then bitcoin and altcoin is same market that is cryptocurrency, whatever information about bitcoin thats will effected to altcoins too

[Teraboy]

bitcoin not following altcoins, but altcoins following bitcoin, when bitcoin goes down altcoins too, thats because bitcoin is leader of crypto,and then bitcoin and altcoin is same market that is cryptocurrency, whatever information about bitcoin thats will effected to altcoins too

Bitcoin is going on its direction and altcoin just try to follow it. There was no reason for bitcoin to be affected by altcoin. The only possible thing that the altcoin has been affected by bitcoin and that's why a lot of altcoin decreasing a lot after the bitcoin gets a big bearish trend. But this time ether gives another domination to the crypto market too.

[[ProTrader]]

There is a big relationship between bitcoin and altcoin. Because without bitcoin there will be no altcoin. Bitcoin is the basis of altcoin whether it has a good value or not. Bitcoin is a stand alone coin while altcoins are dependent with bitcoin value.

[LankaJay]

People are looking at the price movements of the BTC. If the price of BTC looks good then the people start investing on other coins. BTC is the main currency that people are watching.

[Moeda]

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

There is definitely a connection between Bitcoin and Altcoins. Because the process of exchanging Altcoins with Bitcoins. If the price of Bitcoin decreases, then purchases for Altcoins will also decrease, so the price is interrelated.

[CaMeRoNy]

Bitcoin is a leader in capitalization, which is why all altcoins follow Bitcoin. It's simple. If bitcoin goes down, then altcoins go down after It, or Vice versa.

[btcformula]

BTC is like the SUN of Crypto Universe.

Most of Crypto trade with a pair of BTC & ETH. This is the way BTC is connected with altcoin. So the price of BTC BTC fluctuation effect another altcoin even ETH.

[Temeber]

I think Bitcoin is money compared to the altcoin.  BTC and altcoin follow each other. In particular, altcoin is based on BTC everyone is talking about it

[Leftneck]

I think it's true that everything is related. every bitcoin price drops, the price of the altcoin that has a bitcoin platter also decreases.
I think the main factor is because bitcoin is a role model for existing altcoins.