Topic: Bitcoin price effect on Altcoin - page 6. (Read 3234 times)
indirectly the fall in the price of bitcoin also affects all coins in the market. surely it is because bitcoin is the first digital currency and with the highest price in the market, so investors are referring to bitcoin to make their investments even for altcoins.
Of course. All coin prices depend on the price of Bitcoin. Bitcoin has it's own market value & all other coins depend on the price of Bitcoin. Fluctuation of Bitcoin price definitely will effect on all other coins..
It seems to me that a very bad situation is when the whole cryptocurrency depends on the price of Bitcoin. Anyway, there are some moments when Bitcoin has nothing to do with some coins.
Of course. All coin prices depend on the price of Bitcoin. Bitcoin has it's own market value & all other coins depend on the price of Bitcoin. Fluctuation of Bitcoin price definitely will effect on all other coins..
Alternative coins are very much influenced by the price of Bitcoin. These coins are much cheaper at a time when the price of Bitcoin drops.
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Of course bitcoin will set up the overall tendency at the crypro market due to its powerful influence. People might not know about the existence of other digital coins but everybody heard about a bitcoin unless they live on Mars.
The fall in BTC is exactly what should happen if people are now decoupling from BTC and moving into Alts. We've seen a lot of low caps booming and a few mid caps. These projects are more interesting now they are starting to form working products.
All altcoins in the market follow bitcoin. As practice shows, if the price of the oben grows rapidly then altcoins fall in price. I noticed that only new tokens live their lives as long as they do not gain momentum in the market !
Crypto is a relatively small market and there is high correlation between BTC and other coins. During this bearish market BTC dominance was increasing as it is the most trusted coin on the market.
Yes, and it will remain like that for a long time because there is no decent competitor among altcoins to give us the same opportunities to make money. 
Still, unfortunately now everything depends on bitcoin, where bitcoin goes, there and the Altos all fly, bitcoin down and everything down, bitcoin up and everything goes up, and this trend is exactly 1-2 years can be held until some projects become so dependent on bitcoin,and people will believe in them,and until then everything will continue
today everyone knows that there is a cryptocurrency market depends on the price of Bitcoin. But Recently, certain changes have begun to appear in the new project, the company BitGo that wants to implement the WBTC on the block chain Ethereum. In any case, this project was supported by many more companies. 
Still, unfortunately now everything depends on bitcoin, where bitcoin goes, there and the Altos all fly, bitcoin down and everything down, bitcoin up and everything goes up, and this trend is exactly 1-2 years can be held until some projects become so dependent on bitcoin,and people will believe in them,and until then everything will continue
Yes, Bitcoin has a very strong influence on the entire cryptocurrency market, since most of the coins you buy for Bitcoin.
you can see when bitcoin was down others coin would be down . it affects on altcoin so much .
I am really into the said belief of many that bitcoin really has adverse effects when it comes to the prices of the altcoins. So I am afraid that will still be the norm for many years to come. I would like to see a coin that cannot be affected by fluctuations of bitcoin and can stand on its own.
Bitcoin isn the market leader and the best know crypto coin in the world. Therefore, it is natural that the entire market follows bitcoin both up and down.
I wonder when this tendency to follow Bitcoin end and altcoins will soar on their own. Bitcoin is the father of crypto but other coins have just as good development teams and deserve their independent existence.
Bitcoin isn the market leader and the best know crypto coin in the world. Therefore, it is natural that the entire market follows bitcoin both up and down.
The rise or fall of bitcoin prices has a huge effect on altcoins. Keep in mind, that altcoin is very dependent on bitcoin. Bitcoin is the main guide for the development of altcoins. Altcoin will increase if the value of bitcoin also increases, and vice versa. The value of bitcoin is also based on various aspects and is very easily affected by the surrounding environment. The better the news about crypto, the easier it will be for bitcoin to rise.
Crypto is a relatively small market and there is high correlation between BTC and other coins. During this bearish market BTC dominance was increasing as it is the most trusted coin on the market.
We can only assume and rely on and compare charts of past months and years. One thing is certain, when bitcoin drops all coins drop when bitcoin grows dramatically,all the coins are falling, if bitcoin is flat, then all the violas grow.
Yes its true that bitcoin has a big influence on market, because we call it digital gold its normal that people will exchange their other altcoins to bitcoin to secure their side. When you compare altcoins prize changes it is more dramatic. so When you compare to others bitcoin is a little safer for prize drop
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Of course bitcoin will set up the overall tendency at the crypro market due to its powerful influence. People might not know about the existence of other digital coins but everybody heard about a bitcoin unless they live on Mars.
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