Topic: Bitcoin price effect on Altcoin - page 20. (Read 3234 times)
I think everybody knows that price of BTC influate on Altcoins price. You can see it if you open coinmarketcap for example.
I haven't been able to understand the rationale behind the price effect of bitcoin on other cryptocurrencies. But I believe one of the reasons is that since the altcoins trade against Bitcoin, every price movement of Bitcoin will indirectly affect altcoins movement too.
I also do not understand what the effects of the effects of the bitcoin price on altcoin are because I know altcoin follows the rising prices of bitcoin either up or down, so I think the effects of bitcoin will affect the market price of the crypto even though not all coins will follow the development of bitcoin. 
This year the whole market follows Bitcoin price. There're only few coins that continue to be stable or grow even when BTC falls. When BTC domination grows then most of altcoins fall while BTC continues to grow.
Yes, you are right this year, really a lot of altcoins depend on the price of bitcoin. I would like to know the names of those coins that grow when the bitcoin falls.
I haven't been able to understand the rationale behind the price effect of bitcoin on other cryptocurrencies. But I believe one of the reasons is that since the altcoins trade against Bitcoin, every price movement of Bitcoin will indirectly affect altcoins movement too.
yes, of course the prices of altcoins depend on the price of bitcoin: when it falls, the price of altcoins and the top ten also falls. bitcoin as a leader sets the direction for other altcoins.
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
The effect of bitcoin is enormous because Bitcoin remains the main coin with a huge market share. How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Bitcoin price movement will greatly affect the condition of the price of Altcoin.
we all can see that when the price of Bitcoin decreases then Altcoin price will also decrease.
It's like a continuity that is created in the world of digital currency.
This ever-present situation is typical and we can not compare Bitcoin's strength with Altcoin.
Bitcoin is too superior and anything that happens to Bitcoin will have an impact on Altcoin as well.
Bitcoin Crypto is the most valuable coin in the money world.
Digital money has become very popular thanks to Bitcoin. The decline in bitcoin prices affects the entire stock market.
Bitcoin is the most valuable and most popular coin.
Digital money has become very popular thanks to Bitcoin. The decline in bitcoin prices affects the entire stock market.
Bitcoin is the most valuable and most popular coin.
yes,bitcoins affect all the altcoins because all coins are depend on bitcoins when bitcoin down all altcois is also down.
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
the effect of bitcoin on altcoin is that I think it's common because altcoin also follows the bitcoin movement and so the bitcoin effect on bitcoin is common because altcoin also needs bitcoin and Bitcoin also cannot be far from altcoin and need each otherHow strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Currently, the price of Bitcoin dominates most of the altcoin! Since most altcoins use bitcoin to determine the value, when bitcoin prices fluctuate, altcoin prices and tokens will fluctuate over a certain time period!
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
the value of altcoin to bitcoin is the same. when the bitcoin price against U $ D rises, the altcoin price against BTC will go up. but if looking at the value of USD. then it gets bigger. because the price increase becomes 2x. the price goes up from BTC and USD. How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
This year the whole market follows Bitcoin price. There're only few coins that continue to be stable or grow even when BTC falls. When BTC domination grows then most of altcoins fall while BTC continues to grow.
I Think yes, bitcoin price always affects the altcoins prices because the value of those altcoins always depends on the price of btc. Investors always depends on the price of btc , so if the bitcoin price is up, theres always a tendency that the altcoins tends to go up also.
About a year watching the market and always the price of altcoins depended directly on the price of bitcoin.
Well, naturally that's going to be the case when they're almost always denominated in BTC. But overall the crypto market is going to share some correlation for the most part. Perhaps that will change in the future as it gets more separate and differentiated. But for now it seems to be strongly linked.
The truth is that the investors are just following Bitcoins price. When Bitcoin decrease and most investors are getting into defensive position.
About a year watching the market and always the price of altcoins depended directly on the price of bitcoin.
Altcoin was always depended the market price in bitcoin because this is what they made just to promote and also this is one of the major coin in this site that has higher rate value in the market, when the price increases it will directly effective to altcoin also but I hope prices in bitcoin not to collapse At lower rate because every coin will affected. 
About a year watching the market and always the price of altcoins depended directly on the price of bitcoin.
Well, naturally that's going to be the case when they're almost always denominated in BTC. But overall the crypto market is going to share some correlation for the most part. Perhaps that will change in the future as it gets more separate and differentiated. But for now it seems to be strongly linked.
YES, the claim that Bitcoin price effect on Altcoin is true. When Bitcoin price is going up, the price of other altcoins also tend to go up as well, because Bitcoin is just like a building block to altcoins.
From day to day, I think that altcoins price is getting stronger and its usage is also growing because nowadays there are so many companies that play a role in altcoins use. The position of bitcoin has a huge effect on all the coins in the crypto, every bitcoin anywhere, always followed by altcoins. However, although altcoins at this time have dominated the market, I believe it will not be easy for altcoins beyond bitcoin.
All cryptos are traded against bitcoin so when bitcoin falls all other fall there is no magic in there so take my lesson and hold in tether occasionally
to my knowledge Etereum follow the price of Bitcoin if I think Ethereum can not be separated from the influence of Bitcoin because Ethereum like silver and Bitcoin like gold.
Now bitcoin still has a large price dominance over the rest of the crypto currency. This is due to the fact that bitcoin has a very high level of capitalization compared to the total capitalization of the crypto currency. If bitcoin capitalization falls to a general level, then it will lose its dominance and will no longer dictate its price line of behavior in the market to the rest of the crypto currency. Jump to: