Why Alts Follows Bitcoin's Fall?

[Fomo_Chronicles]

The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this https://twitter.com/ClimeToken/status/1498942071658405888

It is very important to protect nature. Blockchain technology helps to unite people to solve common problems all together that is why blockchain technology so popular and in demand.

The demand in nature protection is very big. With every year the nature polluted more and more. It is good that there are new projects that inform about nature problems and unite people to solve such problem.

[jorjeIII]

The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this https://twitter.com/ClimeToken/status/1498942071658405888

The demand in nature protection is very big. With every year the nature polluted more and more. It is good that there are new projects that inform about nature problems and unite people to solve such problem.

When cryptocurrency market rise a lot of people pay attention to cryptocurrency and support it. That is why it is much more simple to realize all planned ideas including nature protection.

[Wildwest]

This is indeed commonly seen every year, and we must know that bitcoin is the king of all coins and it would be very natural for altcoins to follow the flow of bitcoin, but this year the movement of altcoins is very slow even though bitcoin is experiencing a very large increase but some altcoins still have not moved to the highest value as we expected, There are even some altcoins that have gone down and no longer increased until finally there is no value anymore.

[nikita2020]

The price of altcoins depends to much on the price of Bitcoin. When bitcoin falls all altcoins falls too.
But a lot of depends how useful is the coin and about it demand in future.
Thanks blockchain it is possible to invest money in nature protection like this https://twitter.com/ClimeToken/status/1498942071658405888

When cryptocurrency market rise a lot of people pay attention to cryptocurrency and support it. That is why it is much more simple to realize all planned ideas including nature protection.

Growth of the cryptocurrency market attracts many attention of users. Cryptocurrency offers many opportunities to earn money and many people use these opportunities.

[dezoel]

Bitcoin is a lot bigger than all the other coins, we are talking about like hundreds even thousands of coins combined, at one point it was bigger than ALL the other coins combined. Which means that the money that goes into crypto, first hits bitcoin because that is what people prefer over any other coin. This should be enough reason to make it go up.

Secondly, leverage is mainly done with bitcoin and usdt, doesn't mean that there aren't others but that is the biggest one out there. Which results with it getting a lot more and more investment as well. This all results with bitcoin deciding where the price of the crypto market will be going.

[David.Jack]

BTC is the first cryptocurrency creation and coin leader in the market such as the first seniority project, 1st trading volume, and 1st capitalization.
There are several reasons that altcoins price is up and down like BTC.
1. Traders pay attention to the market price of coin leader
2. Coin leader is a favorite investment with altcoins projects.
3. There is a very minimal altcoins project and got less influence from BTC caused some certain circumstances.

[Crypto Library]

Bitcoin is known as the mother coin of all coins which is connected to crypto currency. This is one explaining says the importance of this coin in cryptocurrency, So when the price of Bitcoin goes down all altcoins go down.

[kak uli]

Based on Volume that bitcoin is the Crypto that has the highest market cap, and the Phase of the market is completely dependent on the movement of BTC in my opinion. not even many traders make their trades if the Bitcoin price doesn't go up, let alone the BItcoin price goes down. That's why I think there will be a big movement in Altcoins if the Bitcoin price is also getting better.

[91254vvpatel]

See Bitcoin is the king of the industry. And Altcoin has its own boys. So it is a common thing that his sons will walk just as the king will walk. This is simple. That's how the whole crypto industry comes into being. So there is no doubt that when Bitcoin comes down, so does Altcoin. But when Bitcoin goes up, Altcoin will come up again, because Bitcoin is the king and people's trust in it is the highest while altcoin has a bit of a flaw.