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

[bitcoinmar]

The simple reason I think is the tendency to gradually return when sharks collect BTC and altcoin top at cheap prices earlier this year. When people are scared, they collect and buy when they feel they will pump them up to take profits

[Wintersoldier]

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?

Would you like to know the cool tricks at this moment to earn much on the bitcoin's market today? Well, what I can teach you is that, today is weekend again and weekend are the peeks where we are active on the market, meaning to say that the bitcoin's market price is always increasing at this moment in which we need to be aware about.

[meldrio1]

Well this is normal for cryptocurrencies I think that if bitcoin rise and stable then the altcoins will follow to rise.

[jumiapaul]

There's always an inverse relationship between the value of Bitcoin and other altcoin. In most cases, when the value of Bitcoin is rising, that of altcoin tend to drop. The simple reason is because most traders dump their as altcoin to hold bitcoin Inorder to benefit from the increasing value.

[Bunsomjelican]

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?

So far Bitcoin was 8037$ according to the market https://coinmarketcap.com/currencies/bitcoin/, were most of the altcoins are dumped its price in the market. We all knew that when Bitcoin goes up in the market majority of the altcoins are dumped there price too, then when it go down vice versa altcoins goes up just simple as that though few of the altcoins are also kicking its value while Bitcoin price was also bouncing its price too.

[Leema]

Technically, a Bull Run would start when Bitcoin rallies and because of their direct correlation, altcoin prices tend to follow suit. On the flip side, if BTC rallies at the expense of altcoins, then decoupling is yet to take place, and winter is not yet over.

[TheClownSong]

When bitcoin price looks stable, altcoin price rising but bitcoin marketcap dominance will decrease. Right now, bitcoin dominance still above 50% and i think in near future could decrease below 50% when altseason coming

[Ucy]

Bitcoin and some other established cryptocurrencies were doing the rally all this while. It's probably the turn of altcoins to make moves too. Or maybe some whales are just pumping the altcoins

[asder250]

Bitcoin performed well in last few days, it is a time for price stabilization and in this mean time altcoins could grow.

[ahmed04]

Where did you see stability here? For a very long time people have seen a mad decline in prices and the ambiguity of various projects. Today it is impossible to speak about any stability.

[Nalbo]

Bitcoin has been the synonym for a long time now and keeps more than 50% of total valuation of Cryptocurrency. 57% at the moment to be exact. The total valuation of Bitcoin is larger than the value of sum of every other crypto available.

[legenduim]

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?

Do not judge this situation taking into account several days. Check the graphs of the cryptocurrencies you work, for the last 3-4 months at least. You will see that Bitcoin was the leader all the time. However, certain cheap alts really jumped high.

[Teknisi88]

The reason is because industry players or businesses have been entered into crypto by making lots of purchases in some good altcoins including bitcoin, they may have started to believe in the future of crypto so they are brave enough to risk trading.

[Iykecollins]

I have observed this trend as it applies to bitcoin and altcoin characteristics, It happens that when btc pumps alts rallies a little, remain steady or dump but after btc pump alts follow. Have used this behavior to make certain trade decisions and it works most time.

[KrakenZ]

The price increase of the crypto currency is greatly influenced by our active role. The more we actively contribute to the crypto currency market, the price of the crypto currency gets better. I am sure that all crypto currency players are aware of the importance of the active role they need to play in order for the market to improve soon. All crypto currency partners contribute and play actively in the market so that the market is increasingly crowded and public trust is increasing. This is what causes the crypto currency price movements to be more active and prices to rise.

[airdagon]

I don't see the start of the increase in the price of bitcoin, even now I see the altcoin price is down while the price of bitcoin is rising

[CryptoToxicAvenger]

Basically, altcoins almost always follow bitcoin. Although the crypto market is unpredictable, it still has a certain cyclicity. And we can see that from time to time the growth of bitcoin provokes the growth of other altcoins.

[deodivine1]

And now BTC is around 8800$ and has been around that point, many altcoins are red right now, although few doing well. For now I hold more BTC, looks bullish. Few altcoins like ETH, TRX, BTT, MCO and others are experiencing an uptrend. With regards your question, I have no idea why.

[LUCKMCFLY]

I asked this same question every day, and I started to investigate and discovered the main reason why the price is increasing, and it is due to the fact that large volumes of purchases have occurred, which has apparently made it a new type of investors who were not before, because when I reviewed the order book I realized that the prices increase and the purchases are very large, making the price does not recede but on the contrary it remains lateralized and has a slight bullish tendency despite that we are in the accumulation phase.

[Mikell556]

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?

In general, the current growth of the crypto market behaves strangely. Usually, with the growth of Bitcoin, the prices of most Altcoins fall down, this has already happened many times. However, now when Bitcoin rises in price, many altcoins immediately grow with it. There was no such situation before, and it causes great interest. Until the end of May, Bitcoin must overcome the price level of $ 9,000.