Topic: Bitcoin UP = Altcoin DOWN - page 3. (Read 2815 times)
that is usually what happens, some traders sell their alt coins if they think they will profit in btc to USD trading at the time, same thing on when they think btc price will fall ofcourse they will trade in alt coins resulting price increase
Exchanges are calculated on the BTC but the value back in USD so when BTC increase the price of other currencies tend to decrease accordingly.
That's how it works mate. Whenever the altcoins are rising. Definitely, bitcoin price is dropping. When bicoin is rising. Altcoin is crashing. Its vice-versa. But its not happen everytime. There are some altcoin can still go up even bitcoin is rising. That's still depend how hyped the coin is. Look at STR.
Hi All,
Can you please explain to this newbie if this is the general trend:
Bitcoin UP = Altcoin DOWN
thanks
Can you please explain to this newbie if this is the general trend:
Bitcoin UP = Altcoin DOWN
thanks
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