Why stable coins/tokens always go opposite to all altcoins

[NIKUBHI]

We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?

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[asriloni]

We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?

That means when stable coin gets red pattern and so many stable coin holders sold their stable coin for altcoin or bitcoin and otherwise people will try to buy bitcoin and sell their altcoin when the bearish trend for altcoin is happening and this trend will always like this forever. It's easy to understand about the correlation between both

[minairia3]

That means when stable coin gets red pattern and so many stable coin holders sold their stable coin for altcoin or bitcoin and otherwise people will try to buy bitcoin and sell their altcoin when the bearish trend for altcoin is happening and this trend will always like this forever.

This is right. Think its just a matter of demand and supply. Thats normal to see when the market for crytocurrency the none stable coin goes up the stable coin will react opposite cause everyone buying crypto and demand for stablecoin gets lowered. It same when the vice versa happened. It's really just a simple understanding about the exchange of two factors.

[leyton11]

We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?

The opposite happens due to human needs. because when the coins grow, the holders of the stablecoins will sell it quickly and buy the coins. it is also one of the fomo effects and investors will have to quickly seize the opportunity to make a profitable trade. and when alts and btc are sold off, traders will sell off and fiat users will take advantage of the opportunity to buy more stablecoins and buy alts when they are cheap.

[Psynthax]

Sometimes it goes the same way as those altcoins do, if I'm about to give vague answer, it's just a mere coincidence that you found it that way. However, it's just simply demand and supply doing its action. for all I know if bitcoin is being dumped that means people are selling off or in other words buying these stablecoin or the other way around, that clearly explain your question.

[Akiko]

We all know stable coins/tokens like USDT, TUSD, etc which have always stable on one dollar or nearby of its value. But one of the things we always saw in stable coins/tokens is that their price graph chart is always opposite to all altcoins running in the market. I mean to say when all coins/tokens going up/green then these stable coins/tokens are in red/down position and when the market goes down/red these stable coins/tokens are in green/up positions. Can anyone explain why is this happen?

only a little difference in price it is not really affected . The reasons  why it's happen is simple traders always use stable coins every time they get profit or before they will lose in fiat value . That's why its move always in different sides.

Sample is when there are green market in Altcoins many traders will secured their profit  and convert in USDT that's why its red because many people converted their currency to stable coins .

[FireBallex]

It goes same way once in a while but most time correlation happens and that's how it's supposed to be, stable coins works perfectly right, I've even seen few stable coins like DAI going red while USDT stays green but it doesn't matter🤷, they serve users right

[tsaroz]

The change in stable coin are negligible, i.e. they are stable. The minute change are due to excessive buying or selling pressure.
When price of crypto decreases, traders convert their crypto to stable coin to preserve their value and vice versa when they increases. So they have a reciprocal relation.

[passwordnow]

It doesn't matter whether they're green or not because their movement isn't even felt by the market. Why? because they are stable coins. I don't see anything that we have to be curious of it because they're all stable coins. Sometimes they are proportional to the market and sometimes inversed.
That is the reason why you see them green and the other altcoins are not.

[litepool.ru]

That is the law of supply and demand. If the stablecoin goes down, the reason is that investors sold the stablecoin to move to altcoin to make a profit from it. But when altcoin collapses, every investor moves from altcoin to stablecoins and makes stablecoins turn green like you said.

[Kaliecious]

I think it all depends on the price of bitcoin and other altcoins. red means that many sell stablecoin to buy the altcoin. but Stablecoin has its own uniqueness where the value is fixed and up or down no more than 1% of USD

[Bestmanbuka]

Just like this theory in Economics "The supply/demand equation states that given all else is equal, in a competitive market, the price of a particular product will vary until it reaches economic equilibrium"
The same fluctuations is seen in cryptocurrency. When the stable coins turn Red, holder's will rush to sale of and buy bitcoin or Altcoins, same way when Bitcoin and Altcoins begins to bear, people dump and rush to convert their funds to stable coin thereby the fluctuations you talk about.

[Kelvinid]

Stable coins will remain stable even though the market price will dump. In most cases that many crypto holders will convert their altcoins into USDT/TUSD in order to save from losing. That is why we could see that the volume will go high but not the price itself. I can't see this stable coins to move up and down cause definitely, the value of this coin never moves or even change its color from green to red.

[AD Node]

Because they are pegged in something, so when all the market goes to some direction the stablecoins tends to stay at the same price, since we see a trade pair on it it's normal to see one side up, when another is down.

[Teraboy]

That is the law of supply and demand. If the stablecoin goes down, the reason is that investors sold the stablecoin to move to altcoin to make a profit from it. But when altcoin collapses, every investor moves from altcoin to stablecoins and makes stablecoins turn green like you said.

I think if it has nothing to do with the supply and demand. Can you tell me what's your point to say like that? it's well said that if this case supply and demand doesn't matter. People just wanna try to make sure they can get the safe place to secure their profit and get a new market to generate more decent profit too. When someone convert his money from altcoin to the usdt and it can be considered as a profit taken

[aemma]

Stablecoins are stable in price right? That is, they do not grow like other coins. Therefore when the market is green, nobody will like to be in stablecoins since it will not grow thus moving or selling to their preferred coins which leads to stablecoins being in red. Also when the market is in red, most people will like to protect their funds thus they will convert or sell to stablecoins which makes the stablecoins to be in green.
This is a common practice in the crypto space.

[H1N1]

I don't really know what you mean stable coins always go opposite to all altcoins.
No matter how much stable coins going up/down, it won't affect too much because it has stable value, although sometimes the value fluctuates a bit. When altcoins price up, it means many bought altcoins with their stable coins for example usdt, then no wonder usdt price will go down a bit.

[TastyChillySauce00]

I don't really know what you mean stable coins always go opposite to all altcoins.
No matter how much stable coins going up/down, it won't affect too much because it has stable value, although sometimes the value fluctuates a bit. When altcoins price up, it means many bought altcoins with their stable coins for example usdt, then no wonder usdt price will go down a bit.

It's not a rare sight that sometimes stablecoin will fluctuate when overflowed with demands or supplies. But, ofcourse that's not too much compared to other cryptocurrency and after all the market volume comes purely from people anyway. I guess what he means is sometimes the price could make abnormal fluctuation which oppose these stablecoins' nature.

[Metall303]

everything is very simple. if the market goes up then people buy coins but not stable coins. that's why the value of the stable coin in relation to altcoins is reduced. if the market goes down then everything happens the other way around. people sell cryptocurrencies and get stable coins in order to fix their positions