WT* is going on with alts ??

[sercandrop]

Any ideas ?  

[bobo012]

Any ideas ?  

Seems to me like people are doing their bets on bitcoin rise, maybe it has something to do with that etf decision that is coming soon in august. So people are exchanging alts to btc. Thats my guess

[qwizzie]

Any ideas ?  

Seems to me like people are doing their bets on bitcoin rise, maybe it has something to do with that etf decision that is coming soon in august. So people are exchanging alts to btc. Thats my guess

Dash seems to be the exception, but that is typical of Dash : it always rises when people least exspect it ...

[sercandrop]

But that's a horrible price decrease on almost all big coins, there must be something else.

[WhaleTank]

all alts/usdt pairs grow
BTC pairs lose
People think it's a bullrun, but smth went wrong
Only holders with the most transparent portfolio will win
whaltank club

[sercandrop]

all alts/usdt pairs grow
BTC pairs lose
People think it's a bullrun, but smth went wrong
Only holders with the most transparent portfolio will win
whaltank club

ALTS/USDT is not growing at all

[cahkalem]

Any ideas ?  

i think people start selling their altcoin to buy bitcoin
there is a big hype on bitcoin now
maybe thats the main causes

[btc-facebook]

Usually altcoin adjust on bitcoin value.
Luckily my most investment still on btc so I'm worry less ( since I more believe on btc rather than alt )

Yes, sometime alt able to yield more profit than crypto but the risk are greater to being bear !

[lelou]

People selling their alts for bitcoin. A very nice market for bitcoin believers and holders. Im glad bitcoin increasing dominance again.

[allahabadi]

Nothing surprising people are wanting to get into BTC before the ETF to make gains akin to gold and others.

[xenomorphe1]

But thoses people should also know that altcoins are also going to increase if Bitcoin gets pumped. They are taking the risk to buy it at the top current price. There is no new money in the market, but money goes from alts to Bitcoin. For how long can the price of Bitcoin stay like this?

[Silenox]

Certainly ETF has weight at this time, this is drawing attention to Bitcoin, not necessarily to the cryptos in general. If the ETF is approved, we will be able to see even more demand for Bitcoin over the alts.

[Businesscase]

I think people invest all money and exchanging altcoins in bitcoin now. The reason for this may be approving of ETF in August this year is very important for Bitcoin and will make his price higher.

[Cashcash]

Nothing's ever happened. These are the normal market movements. BTC does not rise, altcoins do not rise.

[swissgang]

I don't think people bet on bitcoin, as altcoins are very low compared to bitcoin when they rise investors act early to sell alts.

[vktrglbr]

It's normal situation. Some idiots sell altcoins with losses, and other idiots buy it, that to get a profit in the future ) What happend next - nobody knows.
Joke) Altcoins rise up too, later. It's really usual situation.

[deadthings]

Any ideas ?  

Nothing new, first we see red prices, next few days is good and prices growing but for end everything back to bad form. Definition of cryptocurrency

[Bowtiesarecool]

Any ideas ?  

Folks are liquidating Alts and entering BTC in anticipation of the bull-run they've all been waiting for since February. Lots of pelt up anticipation and FOMO. Add SEC's pending ETF approval that most feel certain will sail through and you've got a boiling pot

[Rano]

Alts probably will pump, once Bitcoin is stable. Many are currently moving to Bitcoin and are selling their alts as the total marketcap has not pumped that much.
Gonna need to be patient and see how things work out. But if Bitcoin drops, this gonna be bloody for the alts, unless money flows back in.

[bato323]

I think people start sell their altcoin to bitcoin. They begin to run out of patience, and look for something safer, like bitcoin.