Topic: BTC PRICE VS ALTCOINS PRICE (Read 507 times)
If you look at bitcoin, it alone controls nearly 47% of the market which means that it will affect the overall market capitalization of the cryptocurrency market which is mostly composed of altcoins, this can be understood by the fact that whenever bitcoin falls altcoins fall too.
Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.
Indeed because most of the altcoins are their prices are being paired with Bitcoin and it's normal that when Bitcoin drops, then almost altcoins are dropping as well.
There is one coin that do help save investors and traders' assets - USDT Tether and it's role is always being paired by USD and nothing more. It's price range only lying on USD price range so Bitcoin will only do affect altcoins price value except Tether USDT.
Every alternative coin has their own dollar value, and i don't know where they are getting it.
there is 2 most used coin in trading ETH AND BTC..
and ETH are also depending on the price of bitcoin,
And bitcoin is the only currency which really has dollar value in any market.
SO it is! all coins and tokens are depending and connected to btc price.
Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.
Indeed because most of the altcoins are their prices are being paired with Bitcoin and it's normal that when Bitcoin drops, then almost altcoins are dropping as well.
There is one coin that do help save investors and traders' assets - USDT Tether and it's role is always being paired by USD and nothing more. It's price range only lying on USD price range so Bitcoin will only do affect altcoins price value except Tether USDT.
Yes, I am also think this matter.
If bitcoin price high, then altcoin rise up. Again bitcoin market down - altcoin go to dump.
Market depends on satoshi (bitcoin).
Now market green, because bitcoin green.
If bitcoin price high, then altcoin rise up. Again bitcoin market down - altcoin go to dump.
Market depends on satoshi (bitcoin).
Now market green, because bitcoin green.
Last year there was a very close correlation between the price of the Bitcoin and that of the altcoins, when the Bitcoin grew, most of the other cryptocurrencies also grew, but in recent months I have to say that this correlation has become minimal
yes it is the usual, BTC is the meter for altcoin, when BTC is falling, altcoin are following, but some of them are falling slower than other, it is good project
You right man, Bitcoin is the King of Coins. When bitcoin fall 20% + all market will fall down when bitcoin go up all market go up. When "put random name" Altcoin fall down or increast by 20% Bitcoin stay stable. This is the reason also why btc dominance it's around 40% on market cap, while on ATH was around 30%.
BTC is absolutely linked to subunits. it is impossible to think independently of each other. The fluctuation in any one of them affects the whole system. for this reason the bit should be considered as a whole when investing. 
The two cryptocoins are good to invest with. It is more advantage if you invest bitcoin because for now it is the top cryptocurrency right now. But if you can see the price today, btc has falling and falling this past few weeks and altcoins goes up. It just like vice versa ; when altcoin goes up the btc goes down. And hopefully altcoins can go straight with its highing price.
Bitcoin price and altcoins price are really connected because altcoins are depended on price in bitcoin if you have altcoins you need to trade first into bitcoin before you converted into cash or fiat and that's what my understanding why they connected and also the price is connected too.
They are all based in bitcoin so they called ALT of bitcoin. So, the expected price will affect on altcoin it depends upon the movement of bitcoin.
They are all based in bitcoin so they called ALT of bitcoin. So, the expected price will affect on altcoin it depends upon the movement of bitcoin.
This is partly true. But still not always when Bitcoin falls, it certainly should fall and altcoins. I believe that it is best to buy both Bitcoin and Altcoins.
Of course much BTC there and violas there are of course exceptions which tarut not as much as others,but it happens every time in different ways.
The word crypto is still synonymous with bitcoin, despite the various alts and interesting upcoming projects. For me that is one major reason for the sync.
Yes that is the case , because every altcoin is paired to bitcoin. The hope is that in the future altcoins will have their own pair, that way the markets can move seperately.
Today, the prices for crypto-currencies are very low, if I was at the very beginning of the road now, I would probably just do what I bought alcoins. Because I think that the prices today are really very small.
Everything changes in the crypto money market. prices are falling significantly. BTC prices are affecting subcontinental prices.
In the near future, it is worth waiting for growth first first among the first, then everything else. It is necessary to understand that after such a deep correction, growth will be very uncertain and not fast, perhaps, the regime is sluggish. In the end, many people dropped out of the system and are hungry for growth.
According to me BTC Is the king of Altcoins, the price of Altcoins will depends on the BTC. i have observed most of the time if the BTC increased the Altcoins also increased and if BTC is decreased the Altcoins also taken down trend. Some Altcoins slightly different.
I am fully agree with your thinking that howl crypto market follow bitcoin price. Whenever bitcoin drops all altcoins also follow the bitcoin and start dropping and vise versa.
Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.
When Bitcoin crashes, altcoin follows the same train and market becomes red. You could easily see both big caps and lows caps were badly hit by the crash but when the market tends to recover altcoin also recover in no time. Bitcoin is always the king as we can easily see Bitcoin Dominance more than 40% at all time which clearly makes it to be powerful and tends to influence the market at both time of rise and dips.
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