what's your view of BTC stable while altcoin pumpin?

[Perfect35]

Most times, the growth of bitcoin and altcoins does not happen simultaneously. Only newbies might not understand the basic concept behind this, because it happens at different times and for a purpose known mainly for profit making. Presently, everything seems to be growing, but we might have another digressive growth soon.

[SwiggHeart]

Of course, that is a common reason and its a normal thing for  acrypto market. When the bitcoin pump, altcoin dump because of it, while bitcoin stable, altcoin pump. Pretty easy to understand huh?

[rachman mahesa]

Of course, that is a common reason and its a normal thing for  acrypto market. When the bitcoin pump, altcoin dump because of it, while bitcoin stable, altcoin pump. Pretty easy to understand huh?

Sometimes it's not like that either. Usually Bitcoin experiences altcoin increases will follow too, but not as fast as bitcoin increases. Actually it doesn't matter if the altcoin experiences a steady increase and bitcoin, of course there is still no problem except when the altcoin increases and bitcoin decreases it certainly must be questioned.

[kodtycoon]

i just feel it is a normal occurrence and even it can happen otherwise as bitcoin is pumping but even altcoins are down, this i feel is a different market sentiment that makes the market very fluctuating which makes it difficult to predict

[libert19]

It's market sentiment, btc pumps/dumps — altcoins will dump, if it goes sideways alt coins will pump.

[lyks15]

I think the main reason of that continue rise of bitcoin and altcoin is number of inventors that are now investing in crypto especially in bitcoin and altcoin so the demand will be increase that may affect the bitcoin an altcoun's price. And I see also the reason that many merchant are now accepting crypto as a payment that are enhance the marketing purpose of crypto.

[dark08]

Bitcoin is the main(core) of the cryptocurrency market.
All altcoins has btc pair. So , when btc rising altcoins will follow it.

Bitcoin pump altcoin dump, Bitcoin dump altcoin also dump this is the scenario happen in the last price action of Bitcoin but right now its good to see some pump up of altcoin this is happen because of price correction I will be happy if altcoin will fallow the bull run of Bitcoin but right its not the same direction.

[shaheer001]

As every one knows BTC is core for all crypto trading and as Bitcoin stabilize all other altcoins also start rising so you can say altcoins are directly proportional to Bitcoin.

[terrific]

A very plain reason that I'm believing which we're going out of the bear season.
No more any other reason except those money coming in from different institutions.
I wanted to see more of it as we wait for the bull run.
Stock up your portfolio's now before it's too late.

[DainSLane]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

I think when bitcoin will rise and altcoins also has been affected of bitcoin rising up the price and also the investors are converting to buy more altcoins since the pairing of altcoins and bitcoin is been so good and have high value because of bitcoin price high.

[Pffrt]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

This is normal market behavior.We have seen before that after bitcoin stop the bullrun and get stable, altcoin started to raise. After 2017 bullrun, we also have observed the same behavior.

[cahbagus555]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

Mostly, altcoin price following bitcoin price. If bitcoin price rising, the calculation on sats value will increase and makes altcoin price following bitcoin price. Its because bitcoin is main cryptocurrency and base currency pairs in many exchangers

[imstillthebest]

Im sorry but i find the question offensive . You sure that btc is stable and alts are pumping ?  Actually btc is not consider a stable coin but btc is a high  volatile coin . Not only that but btc is also the one that is pumping right now .  Altcoins in a nutshell are the ones that are stable and less volatile  . Currently the status of altcoins are still dump but only few alts have followed the path of bitcoins  .

[michellee]

If bitcoin price could stable for a while in one level and the altcoin can increase, then it would be good for us because we can make a profit in bitcoin and we collect more bitcoin to our wallet. And when bitcoin price increases, we will make a lot of money because we have more bitcoin in the wallet. We already saw this happen and although right now, the altcoin is not getting pump too high, soon the altcoin will following bitcoin to increases.

[Fesatmas]

Bitcoin even had time to float to 8000 USD which means crypto growth will happen again like in 2017, I'm sure this will slowly grow so the market will come back crowded by investors who are asleep.

[Herbert2020]

the reason is because this has ALWAYS been the pattern while people want to remain in denial.

when bitcoin rises, altcoins get dumped.
when bitcoin falls, altcoins get dumped more.
and when like now, bitcoin is stable, altcoins get pumped.

the reason for that is because of the way people truly think about bitcoin and altcoins despite what they publicly might say. what they truly think is that they believe in bitcoin while they have no faith in altcoins. all they want from altcoins is profit on their bitcoin stash which is why they always dump altcoins while bitcoin is making a big move and that is why they move to altcoins to make profit by pumping them while bitcoin is not making any move.

[waynechong1995]

It always been that ways since the rising number of alts, the trade pressure on alts are weaker than main coins thats why they are going to rise/fall pretty quickly when BTC is going up. Moneys flowing in benefits strong alts alot. The reason of such IMO is pretty simply, this trend is repetitive, thus traders have weaker hands in buying or selling. Stable bitcoin raise confident for people to buy others as they are trying to avoid heavy dumps when somehow bitcoin bears a little. Nature view of profiting when there's no regulations, and market opens 24/7

[Kiweikoo]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

It is a normal thing that have been happening in the crypto space from the time I joined the market, anytime the price of bitcoin begins to moon, the price of altcoins also moon along with bitcoin, also anytime the price of bitcoin is static, the price of altcoins still continues to moon, the only time that we might not see altcoin mooning is when we begin to see a dump in the price of bitcoin because it just seems as if the market is following bitcoin trend and will always move the way bitcoin move except when the price is static.

[m0Ray]

BTC is very unstable. No cryptocurrency is stable at all. The market has not stabilized yet and it is very dynamic. But while the price of bitcoin is increasing this trend will be supported by all other altcoins. This situation will not last forever. And someday it will end. And bitcoin will be thrown out of the market because of its primitive functionality.

[||bit]

It is crypto 101.

When btc dumps or pumps, alts dumps. And when btc become stable alts start pumping.

Still, even with that explanation, i don't think alts are pumping right now. Maybe because people expecting btc pump (some expect 10k) or dump (some expect return to 5k) and they are not buying alts.