BTC PUMP, But Every other Coin Dumping!!

[bonjouros]

Yeah bitcoin price was able to cross 12k$ already and it is a good as we are seeing a green market as of these days and other currencies will surely to follow. With regards to your statements that other alts are going down, I can't agree with you fully to it because if you are going to check thoroughly most of the alts are starting to move upward and there are more green compare to red as of these days.

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[Johnyz]

Yeah bitcoin price was able to cross 12k$ already and it is a good as we are seeing a green market as of these days and other currencies will surely to follow. With regards to your statements that other alts are going down, I can't agree with you fully to it because if you are going to check thoroughly most of the alts are starting to move upward and there are more green compare to red as of these days.

Altcoins will follow and let Bitcoin lead us into a great up trend again. Every good project, coins and token will go up this time so don’t panic yet. There’s a good news in the market right now, Paypal made a big statement supporting cryptocurrency, and I’m sure this is the reason why Bitcoin pumps, and this can benefit the whole cryptomarket including altcoins.

[ethereumhunter]

It's a matter of time for the altcoin to have the pumps. After bitcoin price stays at a price, the altcoin will follow to increase, and sometimes, the altcoin can break the new high price. The altcoin price will follow the bitcoin price, and if the bitcoin price increases, the altcoin price will also increase. No need to panic if you see your altcoin price is down because there will be other days for the altcoin price to rise. This time is for bitcoin price to grow, and hopefully, we can see the price break $12,500 and $13k before this end of the month.

[imstillthebest]

 what did you expect ? your expecting all coin moves with btc  ?

wake up guyz . this is not the thing that will happen forever but btc can go solo in some occasions  or i could be wrong and the effects were just only  delayed . like what happened before  , its thier leader and leader should take the first step . lastly theres a strong demand for btc because alts season were done  . they also need to pump btc because btc didnt move by the time altcoins are pumping last time  .

[Silberman]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

It is too early to tell but this could be a sign that smart money is feeling that a drop in the price is coming in those coins and they are switching to bitcoin to consolidate their profits, which to me seems like a good thing to do, after all while the bubble was fuelled by new money coming to the market it also was fuelled by people selling their bitcoin and getting ETH to invest in those coins, so we could say that this is a sign of the end of the DeFi bubble and the beginning of a new bitcoin bull run, however it is too early to say if this interpretation will hold true but I suppose a great deal of the members of the forum would like that to be true.

[Serious475]

I think this is just a normal thing right here because I saw from the previous years of the bitcoin. If the price of the bitcoin goes up there is a chance that the altcoins drop too and vise versa. Sometimes they are both increasing or pumping mostly the pair of the bitcoin and ethereum. This is just base on my observation too. Every time I observe the top three coins there are always synchronous changes.

Also, it's too hard if all of the coins pumps it's a big loss dumping and pumping is part of the market.

[onecall123]

Bitcoins at present high, however in crypto space it's early to call when it's going up, as for now altcoins not move yet so strange? There's more reason why alt season yet little far. It's going up just matter of time. Soon altcoins season will start and afterward it's going up drastically.

[Nellayar]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

Right now, when I bought some sand coins in binance BTC extremely pump. It arise from 10K dollars up to 12,800 dollars. I don`t know what happened to it but the altcoins is dumping. In fact, we don`t know what we will gonna do in market than stay our funds in bitcoin. When btc goes up, alts goes down but when btc goes down, alts will follow. So, if you bought alts today swing trades is your best option.

[acdc]

All altcoins revolve around bitcoin, but that doesn't mean that a rise in bitcoin will pull other altcoins with it.
The crypto market operates in a way that no one can predict, perhaps this time all eyes are on bitcoin and many investors are temporarily leaving other coins to invest in bitcoin.

[Reid]

A simple way, you can follow this:
BTC Pump : Altcoin Down
BTC Down : Altcoin More Down
BTC Stable After The Pump/Dump : Altcoin starting to back up again and could be higher than the previous price before the dump happened.

I like this one.
Had the same motto even before.
I mean after USDT was created.
But before that, it was Bitcoin up, altcoin down, and vice versa.
Now, you won't see that anymore. It requires a good coin project for it to go up when bitcoin is being pumped.
Stable coins really made a lot of change when it comes to trading.

[BuNga_cute]

If Bitcoin suddenly pumps, when it was still at the price of $ 11,400 and it went up to $ 11,900. Usually the altcoins will go down in price,
because Bitcoin dominance is rising. But if we be patient for a while, usually the altcoins will go up too, proven now Bitcoin rose again past
the resistance price. So the altcoins started pumping, now Ethereum's price is $ 393 and BNB is $ 30. As predicted by many people, usually
Bitcoin near the end of the year the price will continue to rise, I am now optimistic that this year Bitcoin will rise to $ 15,000.

[stomachgrowls]

Okay lets take the current situation or movement of the market as of today since bitcoin is almost breaking up that 13k resistance.

Here's an image that do oppose on what Op is trying to say about altcoin dumping..



We can see that top 10 is going along with the trend.The only red ones are to those low cap or low ranking coins in the market
which isnt really that something new.

[DarkDays]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

This is the general trend. Once you spend more time in this market you'll come to realise that whenever BTC is pumping temporarily all alts may encounter downtrends and this makes absolute sense also. One way to think about this is BTC sucking up all the money from the market to propagate its bull run and once this stabilises more or less alts start adjusting also.

I hope this makes it a little more clear why some alts are down while BTC is well above 12.5k 

[Renampun]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

you can see at this time, that all Altcoins prices move positively up...
It is commonplace, when the Bitcoin price is bullish then Altcoins will follow even though it is a bit late. so when the Bitcoin price is bullish then be ready with bullish Altcoins too.

[rurikramka]

Pump happens due to more and more tech companies are investing in BTC. It's good for all of us due to BTC will push all market up. If I'm not right share your opinions.

[chaser15]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

A small price difference actually can't consider a dump at some top altcoins. It's just that those altcoins can't establish a strong position during the BTC price increase. There is no specific reason for that. It's usual and even not alarming. You just have to be used to seeing that kind of price movement from now.

Rather than being worried, take the opportunity to grab some of your preferred altcoins. The other way around, which is, altcoins might take its turn to go upward can happen any time.

[7788bitcoin]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.

A day past this topic and the entire market is rallying, bitcoin made a huge pump of 10% and the rest of the top altcoins followed the same path with Litecoin leading the way with 16% increase and the rest of the coins follow along that lines and one day has made a huge difference in the market situation, anything is possible in cryptocurrency and all you need is patience.

[Zemomtum]

That has been the norm since the evolution of blockchain, besides all of these alternatives coins are paired with BTC. Until the dominance of BTC reduced drastically, this will still continue.

[Inkdatar]

For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?

Do we really expect that bitcoin and altcoin have the same trend? When bitcoin pump some altcoin will follow it's trend to btc. It will take time for some altcoin to pump. This shows that users focus more on btc to trade as the current price is increasing. Also, users are taking this opportunity in btc and it is good if you can have some or accumulate alts in your bag while it's not yet in a bullish trend.

[death69]

It is normal though. I can guarantee that there is nothin wrong in this situation. The formula is always the same. Funds are added to bitcoin in order to increase the volume and the market cap. Then, people will use their bitcoin to buy altcoin which will make the price of altcoin moving forward. Currently, the momentum only exists in bitcoin but soon, it will spread all over other altcoins. Just look back at the 2016-2017.

Why dont you buy some altcoin for yourself? This my be the best change to go on a train before its too late. You can not have a better price than this. During the pandemic, there was a big surge on the crypto market which caused a huge drop in the price of every coin. Right now, everything is recovering and it seems that everything is set up for a huge pump