Is Altcoins Follow BTC Rally?

[Jody.Drummer]

Altcoins follow where bitcoin is moving, and we will see that in market price movements. Bitcoin is at the heart of all altcoins, and it has been since the very beginning and I even think it will continue to happen in the future.
We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.

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[Desscount]

BTC has always been the standard of market performance, if Bitcoin rises then Altcoins also rises or vice versa, this is difficult to replace because investors always make Bitcoin for assets, even though Marketcap and Daily Trading are getting smaller but I'm sure Bitcoin will always be standard and market size whether red or green.

And most of the pairs in the market are with bitcoin and it's everywhere. That's why whenever bitcoin pumps, the alts are also doing the same manner.
This is hard to replace and even people think that it's likely that the motion of bitcoin will be changed and alts won't follow it at the right time, they're wrong on that assumption.
Because the fact is that bitcoin will always be the king and alts are just minions on this market.

Investors take signals from the Bitcoin movement because it always dominates the market including the prices of altcoins. No other coin could dominate the market as Bitcoin does because it's the most preferred asset of most investors. They depend on its price every time they decide to accumulate altcoins.

Yes and currently the price of Bitcoin is still going down, making altcoin prices also go down,
the movement of altcoins is still dependent on Bitcoin and that is nothing new,
it's only a matter of time to see the Bitcoin price rise again

[rhomelmabini]

Altcoins follow where bitcoin is moving, and we will see that in market price movements. Bitcoin is at the heart of all altcoins, and it has been since the very beginning and I even think it will continue to happen in the future.
We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.

Most but not all, most of the times these meme shitcoins do tend to go higher when Bitcoin is dipping and they go deeper when Bitcoin is mooning. I think this wasn't the case on all instances, there are times when altcoins do lag behind when most smart money are pouring into Bitcoin.

[landheer]

The whole market will follow BTC, however only big alts worth attention

yes, that's how it is, but sometimes the big altcoins don't follow the btc rally either, because of course it depends on buying, and also selling, if for example there are less purchases then the altcoin will not follow the btc rally. because after all, the ups and downs of crypto depend on buying and selling.

[judaspriest]

The whole market will follow BTC, however only big alts worth attention

yes, that's how it is, but sometimes the big altcoins don't follow the btc rally either, because of course it depends on buying, and also selling, if for example there are less purchases then the altcoin will not follow the btc rally. because after all, the ups and downs of crypto depend on buying and selling.

top altcoins I think are still dependent on Bitcoin,
see yesterday after the Ethereum merge was completed and Cardano will also have a good news hard fork of course these two coins should have increased,
but unfortunately after the FOMC the price of Bitcoin dumped up to $18k and made these two coins also dump,
if you want to invest in altcoins that do not follow the price of Bitcoin then it is better to invest in stable coins