It's seen that Bitcoin decide the fate of altcoins.

[RockBell]

Bitcoin is the first and the decentralized coin in the cryptocurrency world. It controls about 50% of the entire market, which is why the rise and fall of Bitcoin's price has a huge impact on altcoins. When Bitcoin is most bullish, altcoins also increase in price, and when the Bitcoin market falls, altcoins fall more than bitcoin. Sometimes, even with a slight fall, Bitcoin loses a lot of value to altcoins, which is why buying altcoins is more risky. In some cases, the market situation, good or bad, depends on the price of Bitcoin. I must say that Bitcoin depends on altcoins. There is no example of altcoin prices increasing when Bitcoin price is down, but when the Bitcoin price increases, the prices of altcoins also increase and follow the same direction in both cases.

The that bitcoin is the first crypto currency and we should know that everything will eventually be controlled by Bitcoin because all other idea were gotten from it an and nothing is even comparable to what Bitcoin have archived. And I see a lot of comments about if there will be anything that will surpass Bitcoin but for now there is nothing obviously and that is why people so much trust in that investment and one of the common thing is that Bitcoin controls everything.

If bitcoin should go up then other altcoins will also follow and this is one of the reasons why people will choose bitcoin over everything. And if the price should go up it is usually a win for other coin. And it can not change the fact that everything will go bullish.

So there is a lot of things that bitcoin is unable to drop from its position so this is one it is called the king, having some good altcoins that are very good and can be invested in.

[GideonGono]

Most of the time we would see this happen, whenever Bitcoin drops altcoins would follow with a greater fall, but it wouldn't always be like that there are times that it would contradict the price movement.
There are times that Bitcoin price would fall and the alts would be pumped or vice versa.

[mkdestroy]

Yep I think the same. I invest in Solana and the price is always exactly the same as Bitcoin

[Abiky]

Altcoins are not duplicates of Bitcoin; if they were duplicates, they could have been as the original or close to it. Altcoins are just alternative coins, which is why they are referred to as altcoins. Their purpose was initially to solve the problem that Bitcoin faced, but they have gone far below that to the extent of creating something that can only enrich them, although some are not completely as useless; they are just undervalued and underrated, for example, altcoins like Monero (XMR).

By "duplicates of Bitcoin", do you mean "clones"? Well, I'd say there aren't that many clones on the market these days. At least, not direct copies of Bitcoin. What do exist are clones of tokens. Especially those that are based off "memes". For instance, PEPE is a clone of SHIBA. BabyShibaInu, Floki Inu, and a few others are the same. They don't have anything innovative other than a few tweaks "here and there" (like changing the total supply).

Altcoins that are a "true gem" are quite scarce. But worth having in your portfolio. Besides Monero, Litecoin and Ethereum are "undervalued and underrated". I doubt any altcoin will be able to survive on its own without Bitcoin. After all, the latter is the one that started it all. Why do you think BTC is the "reserve cryptocurrency of the market"? Every crypto exchange has at least a BTC trading pair. So if BTC goes all the way down the drain, altcoins will lose their value big time. Just diversify your investment to minimize risks of loss, and there shouldn't be any problem.

[Redley555]

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

[nemesis_incarnate]

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

They are all part of one market. Liquidity just pours from one to another, I would see it like that.

[Agbamoni]

Yep I think the same. I invest in Solana and the price is always exactly the same as Bitcoin

Impossible!
Bitcoin price this $103,193 as we speak while the price of Solana is $170.37.
I believe you misunderstood how the market works or perhaps it is a communication error. But let me get one thing straight here. Bitcoin is the only independent digital currency. Except Bitcoin all alternative currencies are dependent on itself and Bitcoin. This means if Bitcoin increases or decreases the price of altcoins follow suit and most times altcoins get influenced by the factors around them.

[peter0425]

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

They are all part of one market. Liquidity just pours from one to another, I would see it like that.

That is right that liquidity pours from one cryptocurrency to another as they are part of the broader market. But liquidity is not fixed. There can be an added amount of liquidity. There can be more investors or traders entering the market through bitcoin. Those who want to get into the crypto market but does not want to get into bitcoin will look for others and that is how bitcoin "decides" the fate of altcoins. Some times, people see altcoins as an extension of bitcoin and if bitcoin is doing well then so must altcoins then.

[summonerrk]

Bitcoin price has decline to about 94k today which cover about 4.5% decline rate and this dip has drastically result to a significant decline in the price of altcoins with a decline rate higher than that of Bitcoin. And this has made me wonder if the straight of altcoins rely on the straight of bitcoin because it seen that fall in Bitcoin price affect altcoins more than it's rise.

https://www.coingecko.com/en/coins/bitcoin

The altcoin rate has always been very dependent on the Bitcoin rate. I fully share the opinion of the crypto community, which often makes a joke: "if Bitcoin grows, then altcoins fall in price (because it takes away their capitalization, there is a transfer of assets), and if Bitcoin falls, then altcoins fall (because people panic and they think that if whales sell Bitcoin, then altcoins will definitely not be needed by anyone." The cryptocurrency market has been operating according to such funny laws for a long time. And there is nothing wrong with this, just forget that nonsense called altcoins, and just HODL Bitcoin. Guys, this is definitely the right decision.

[Orpichukwu]

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

It's bigger than altcoins, which is correct; it also holds a larger portion of the entire market capitalization, but that's not the only reason. To some extent, some of these altcoins are paired with Bitcoin in terms of trading them, which means if the price of Bitcoin drops, it will also affect their own overall value, and as the king of all other currencies, once the king is affected by something, it's likely that every other currency will get the influence, but there are rare cases where some few altcoins show some resistance, but not for long.

[passwordnow]

The altcoin rate has always been very dependent on the Bitcoin rate. I fully share the opinion of the crypto community, which often makes a joke: "if Bitcoin grows, then altcoins fall in price (because it takes away their capitalization, there is a transfer of assets), and if Bitcoin falls, then altcoins fall (because people panic and they think that if whales sell Bitcoin, then altcoins will definitely not be needed by anyone."

I reckon, this is no brainer that Bitcoin significantly affects the price of altcoins. So, if Bitcoin is performing well then it will reflect to the altcoins to that they'll also become perfectly well as Bitcoin does. We always see this from time to time whether we're in a bull run or a bear run. The trouble starts for altcoins when bitcoin keeps on rising in the dominance share that it has in the crypto market.

The cryptocurrency market has been operating according to such funny laws for a long time. And there is nothing wrong with this, just forget that nonsense called altcoins, and just HODL Bitcoin. Guys, this is definitely the right decision.

That's the best thing that an altcoiner will do, choose Bitcoin and HODL. If they listen, they will harvest in due time the profits that they deserve.

[Mahiyammahi]

Is safe to say that Bitcoin decide the fate of altcoins, bitcoin is far bigger than them it has made an incredible wave. Since it’s inception it has been amazing despite the backlash and criticism from people.

I still remember the last bull run. Where the public was regretting not being able to buy Bitcoin. And then later those who made the same mistake a second time. But if you think about this cycle, you will see a common pattern. Before, by the time Bitcoin reached 50,000, the bull run had almost started. But this time it was something completely different.

Now if you look closely you will see that only Bitcoin investments are happening. That is why Bitcoin dominance is increasing. And it is a universal truth that if Bitcoin dominance increases then the bull run of ALT coins will not start. Because no one is willing to invest in Alt coins now, everyone is eager to invest in Bitcoin.

[Tmoonz]

Bitcoin price has decline to about 94k today which cover about 4.5% decline rate and this dip has drastically result to a significant decline in the price of altcoins with a decline rate higher than that of Bitcoin. And this has made me wonder if the straight of altcoins rely on the straight of bitcoin because it seen that fall in Bitcoin price affect altcoins more than it's rise.

https://www.coingecko.com/en/coins/bitcoin

The altcoin rate has always been very dependent on the Bitcoin rate. I fully share the opinion of the crypto community, which often makes a joke: "if Bitcoin grows, then altcoins fall in price (because it takes away their capitalization, there is a transfer of assets), and if Bitcoin falls, then altcoins fall (because people panic and they think that if whales sell Bitcoin, then altcoins will definitely not be needed by anyone." The cryptocurrency market has been operating according to such funny laws for a long time. And there is nothing wrong with this, just forget that nonsense called altcoins, and just HODL Bitcoin. Guys, this is definitely the right decision.

Not everyone can forget about altcoins no matter what there must be people out there that is pretty much aware of the high level of involving in altcoins but yet it is still best choice and they are willing to accept the consequences, while others may do it out of ignorance you will agree with me that there also those getting involve not out of ignorance, and in most cases most people prefer learning the hardest way. But however, it is most advisable to as many that can not resist the temptation of getting with altcoins it is best not to do more than 10 percent size of your Bitcoin in to altcoins without cheating it will help to keep one in check.

[henry_of_skalitz]

I still remember the last bull run. Where the public was regretting not being able to buy Bitcoin. And then later those who made the same mistake a second time. But if you think about this cycle, you will see a common pattern. Before, by the time Bitcoin reached 50,000, the bull run had almost started. But this time it was something completely different.

Now if you look closely you will see that only Bitcoin investments are happening. That is why Bitcoin dominance is increasing. And it is a universal truth that if Bitcoin dominance increases then the bull run of ALT coins will not start. Because no one is willing to invest in Alt coins now, everyone is eager to invest in Bitcoin.

Everybody waits for liquidity to pour into the maximum capacity it can be: afterward, the target would be the altcoin world.

And we didn't reach the biggest ATH yet

[Yoona_As]

Like me, Bitcoin is the driving force behind the cryptocurrency market. Bitcoin has maintained its value and is growing at a rapid pace. Therefore, Bitcoin has become a trusted and established crypto. As a result, the price of Bitcoin can have a direct impact on altcoins.

[BALIK]

Now if you look closely you will see that only Bitcoin investments are happening. That is why Bitcoin dominance is increasing. And it is a universal truth that if Bitcoin dominance increases then the bull run of ALT coins will not start. Because no one is willing to invest in Alt coins now, everyone is eager to invest in Bitcoin.

I agree with you that if bitcoin dominance continues to increase there will be no altcoin season, and that is exactly what is happening, and it is making altcoin investors unhappy. But if you look at previous bull runs, you will see that bitcoin dominance always increases before crashing. It can't go up forever and at some point bitcoin will give way to altcoins. It is all a matter of time and all altcoin investors need to do is wait.

I don't know when the altcoin season will come but I believe bitcoin dominance will crash at some point and that will be the era of altcoins. This is the crypto market which includes bitcoin and altcoins, not a bitcoin specific market.

[osasshem]

Bitcoin price has decline to about 94k today which cover about 4.5% decline rate and this dip has drastically result to a significant decline in the price of altcoins with a decline rate higher than that of Bitcoin. And this has made me wonder if the straight of altcoins rely on the straight of bitcoin because it seen that fall in Bitcoin price affect altcoins more than it's rise.

https://www.coingecko.com/en/coins/bitcoin

Bitcoin leads, while altcoins follows, this has been for years now, and has become a norm for traders, investors and crypto enthusiast expectations, who has been in the community for a time. Though now, this is a period we are almost seeing a very different scenario all together, because in the past, after every market bull run (happening in BTC), we likely see the altcoins season follow suite, then a decline (or verse vasa), but this time is not so. This time, it seems Bitcoin is about taking full control, with altcoins having no time for their own season to hit hard in breaking some new ATH.

[Zackz5000]

Like me, Bitcoin is the driving force behind the cryptocurrency market. Bitcoin has maintained its value and is growing at a rapid pace. Therefore, Bitcoin has become a trusted and established crypto. As a result, the price of Bitcoin can have a direct impact on altcoins.

Bitcoin is at lead when we talk about cryptocurrency as it has the tendency to appreciate over time, bitcoin has been tested and trusted and has also stand toll among other coin.

[Leahized]

Like me, Bitcoin is the driving force behind the cryptocurrency market. Bitcoin has maintained its value and is growing at a rapid pace. Therefore, Bitcoin has become a trusted and established crypto. As a result, the price of Bitcoin can have a direct impact on altcoins.

Bitcoin is at lead when we talk about cryptocurrency as it has the tendency to appreciate over time, bitcoin has been tested and trusted and has also stand toll among other coin.

It is true that Bitcoin is at the top of the cryptocurrency, but only other coins on Bitcoin depend. But we should know that at times many coins are opposite Bitcoin. At present, Bitcoin Dominance is a lot to understand. However, when the price of Bitcoin is stable after the price of Bitcoin, Bitcoin dominance decreases and all altcoin starts to rise very quickly and the price pumps a lot. And it becomes the bearish market. But Bitcoin is one of the most trusted coin.

[Smack That Ace]

Bitcoin price has decline to about 94k today which cover about 4.5% decline rate and this dip has drastically result to a significant decline in the price of altcoins with a decline rate higher than that of Bitcoin. And this has made me wonder if the straight of altcoins rely on the straight of bitcoin because it seen that fall in Bitcoin price affect altcoins more than it's rise.

https://www.coingecko.com/en/coins/bitcoin

Bitcoin leads, while altcoins follows, this has been for years now, and has become a norm for traders, investors and crypto enthusiast expectations, who has been in the community for a time. Though now, this is a period we are almost seeing a very different scenario all together, because in the past, after every market bull run (happening in BTC), we likely see the altcoins season follow suite, then a decline (or verse vasa), but this time is not so. This time, it seems Bitcoin is about taking full control, with altcoins having no time for their own season to hit hard in breaking some new ATH.

Well, if we compare with previous cycles, there is no denying that things are changing. During the cycle and so far, bitcoin has completely dominated the market and altcoins have barely had a chance to shine.

But to be fair, if we still believe that history will repeat itself, the bull season is not over yet and bitcoin will hit $150k or $200k this year. It's too early to say there won't be an altcoin season. We should wait until the end of the year and if nothing happens with altcoins, we can say that everything has changed and the game is only for bitcoin.