Bitcoin down Altcoin down

[piebeyb]

almost all trades and altcoin exchanges have a pair with Btc, if only the altcoin price focuses on the value of the currency, it should be when the BTC prices go down, the altcoin exchange to BTC must go up but this is the opposite, even when BTC rises altcoin prices also fall, because the BTC price rises , correction if I have a wrong view

[RoftheN]

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

This usually how it goes, the fall of bitcoin is what affects the price of the entire coins in the market. That is why if you want your favorite altcoins that you have invested in to start doing better then you have to start increasing your support for bitcoin. All of the altcoins in the market are dependent on bitcoin for their price and for their value

[childish]

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

The reason is that Bitcoin is where many people can easily access and it is the currency they can exchange to their local currency, so when the price drops it automatically affects altcoins because even the altcoins are also exchanged to bitcoin.

Those who fear will fomo according to the value of bitcoin, they worry that bitcoin may continue to decrease. So they sold their altcoin to bitcoin that reduced the altcoin, then they sold the bitcoin to usdt, causing the bitcoin to fall again.

the level of interest in this distant Bitcoin more than Altcoin making it the coin that became the first benchmark to generate even more profits.
so when the development of one of the coins decreased to drop much lower.

[Obolo]

I think most altcoins in one way or the other depend on the mother coin which is bitcoin. The movement of bitcoin in a way affect other altcoins. This is true for the fact that, currently bitcoin is down and we can see this reflection in most altcoins. I hope bitcoin rises up in the last 2 months ahead of us.

[badman999]

the relationship between Bitcoin and Altcoin is very clear as mothers and children are more or less altcoins will follow the movement of Bitcoin, we can now see if Bitcoin automatically drops altcoin come down. if Bitcoin will fall after another coin, I think when investors start not investing in crypto.

[Veter2000]

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

Today, bitcoin is the dominant asset in the crypto market and the fall or rise in its price affects the overall market capitalization, and since bitcoin is the most well-known cryptocurrency and the most widely covered in the media, all altcoins will still depend on their attitude to bitcoin.

[w33man]

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

I think there is, with Bitcoin being the main currency in crypto, most altcoins are traded by either bitcoin or ethereum. So, whenever bitcoin goes down, most investors and traders avoid losing their altcoins value by selling their altcoins as early as they can, thus, resulting to price decrease.

[oktana]

Because BTC dominates all Crypto if the price of BTC falls, the price of many altcoins will go down and if asked whether the relationship between the two coins is clear because they are interconnected because altcoin always follows the price of Bitcoin and Bitcoin is the parent of all coins in Crypto today.

[jokowi]

Yes. It seems this is true. Bitcoin is having a huge impact on the electronic money market. Decreased bitcoin prices also reduced the overall altcoin. By 2018 bitcoin prices have fallen to half, and of course the price of other coins has also fallen. This shows that bitcoin is dominating the market. Bitcoin is the king of the coin. Managers should do all they can to make the bitcoin grow.

[andradwi]

most are influenced by BTC, because BTC is the king of cryptocurency and allcoint is the son of BTC, so if BTC allcoint goes down it will also feel the impact, we must continue to believe that this BTC will win the market again and allcoint will also go up again and all will be happy

[paul gatt]

Right. Bitcoin is the king of all the coins. Decreasing bitcoin prices will lead to falling coin. This is inevitable. You see that in 2018 bitcoin prices fell sharply, which made the electronic money market difficult. Investors do not buy coin anymore. So Bitcoin is having a huge impact on electronic money. If bitcoin disappears, it will cause unpredictable consequences.

[Considered]

This is how it usually goes, the price of bitcoin goes down then the price of all of the altcoins goes down. Bitcoin is the coin with the highest dominance in the market and it is the first coins so all of the altcoins depend on the price of bitcoin for their own prices and value. So if we want a bull market we all need to support the price of bitcoin to go up

[rajuahmed330]

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

Yes of course there has relation between altcoin and bitcoin. Market actually fall-up by satoshi. Difference about satoshi and USD, if USD value down of bitcoin, then altcoin price down.  Just something down of satoshi of altcoin but USD value fully depend on bitcoin price.

[Denlv]

Yea its sad what happening now,but its not the end at all,no need to panic and follow all peoples who dump they coins for low price,just hodl guys for  this year end and see what happens.

[mihtju]

Bitcoin is the strongest coin on the cryptocurrency market, its capitalization greatly exceeds the capitalization of any other altcoin and that is why altcoins follow Bitcoin.

[LaurenProfi]

The link I think there is. Bitcoin is the leader in the cryptocurrency market, in my opinion. All look first of all what rate at it and only then at all other cryptocurrencies.

[itsik78]

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

It really is. At short intervals, the correlation is noticeable. But there are Altcoins that seem to be indifferent to the events around Bitcoin.

[Hudora]

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

It is not true. For example, when BTC is down, some cryptos show stable growth, so there is no way to make your statement 100% true.

[cubicdissection]

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

[ryanfromrethink]

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

Now when BTC goes does, some altcoins rise because people are looking for other investment options. When BTC is falling, XRP is growing, check it.