Topic: Comparison of Bitcoin price fluctuations with other coins. (Read 615 times)
It's a reality that altcoin runs with the movement of Bitcoin. When Bitcoin pumps altcoin pumps. When Bitcoin price dumps other coins also dumps. Beacuse Bitcoin is the king of all other coins. It is the first crypto currency of the world. So other altcoins are linked with their price movement. When Bitcoin price get stable and move in a side ways movement. Then other altcoins will move. So, it is truth that altcoin price fluctuate with the Bitcoin price.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Bitcoin and all the other Altcoins that are now the price of all coins is going to be love. Because the market conditions are so bad now that you can never imagine. Therefore, we urge all investors that only you can bring the market to the right place. Bitcoin is related to other coins. See if there was a project which could cause a change so much so that the entire economy could be changed, there would be that coin becoming more popular than others at same time. But no such coin has existed yet and no altcoin would also not be that popular in the next few years.
Hence it is better to assume that Bitcoin will remain the top coinnin crypto and will not be overtaken by another technological advancement.
I would not say that it is the center because that is more of a human choice. Someone may like some altcoin but that is a personal choice.
ETH could actually be something that could be like that. I mean right now there are billions upon billions of dollars worth of marketcap all tied to ETH right now. Between the money in ETH itself, the TVL in the network, and the marketcap of the projects that are in the network, we are talking about EASILY half a trillion dollars. That is why I would assume that there is a good case to be made about the fact that we are looking at something that is rarely happens but ETH is definitely at that level.Hence it is better to assume that Bitcoin will remain the top coinnin crypto and will not be overtaken by another technological advancement.
I would not say that it is the center because that is more of a human choice. Someone may like some altcoin but that is a personal choice.
If ETH gets bankrupted to zero then the whole market would crash, and I mean like maybe even irreversible level as well, and yet it is not at the first place.
Yes, that’s a normal thing. But it is not all the coins that has a price relationship with Bitcoin, a lot of them can be entirely on a different route. You just say this because you have only been looking at coins like Ethereum, Stellar, and the rest of them that has a close price relationship with Bitcoin. If you’re looking at all the coins in the market, you will see that it is not all of them that would usually increase in value when Bitcoin does, so they are different.
Bitcoin might be going up, and these you’d notice that these coins will mostly be stable or losing their value as investors moves over to the bullish ones . When Bitcoin becomes bearish or stable, these coins will start doing better.
Bitcoin might be going up, and these you’d notice that these coins will mostly be stable or losing their value as investors moves over to the bullish ones . When Bitcoin becomes bearish or stable, these coins will start doing better.
You are right with that. I have seen a lot of alts that are not following the path of bitcoin. And you know what, most of them are those pump and dump coins.
Because the movement of their market depends on the team itself or investors of their project. So they don't care what's going on with bitcoin, as long as they are getting their goal of pocketing as much money as they can. But for most established alts like ETH, LTC and other top 10-20 coins, you will observe that their trend behavior follows btc movement. 
Yes, that’s a normal thing. But it is not all the coins that has a price relationship with Bitcoin, a lot of them can be entirely on a different route. You just say this because you have only been looking at coins like Ethereum, Stellar, and the rest of them that has a close price relationship with Bitcoin. If you’re looking at all the coins in the market, you will see that it is not all of them that would usually increase in value when Bitcoin does, so they are different.
Bitcoin might be going up, and these you’d notice that these coins will mostly be stable or losing their value as investors moves over to the bullish ones . When Bitcoin becomes bearish or stable, these coins will start doing better.
Bitcoin might be going up, and these you’d notice that these coins will mostly be stable or losing their value as investors moves over to the bullish ones . When Bitcoin becomes bearish or stable, these coins will start doing better.
That's right, bitcoin does affect almost all altcoins, because bitcoin is like a crypto center and the beginning of crypto is also created because bitcoin, bitcoin is like the heart of crypto, I think it's only natural that bitcoin is the most popular of all altcoins, another reason because maybe it hasn't someone took over the position of bitcoin, so it is still the main one in the crypto market.
See if there was a project which could cause a change so much so that the entire economy could be changed, there would be that coin becoming more popular than others at same time. But no such coin has existed yet and no altcoin would also not be that popular in the next few years. Hence it is better to assume that Bitcoin will remain the top coinnin crypto and will not be overtaken by another technological advancement.
I would not say that it is the center because that is more of a human choice. Someone may like some altcoin but that is a personal choice.
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It's always been unclear of what causes that correlation in price with Bitcoin and altcoins but the biggest pointer has been the fact that altcoins are traded in Altcoin/BTC pair so it makes it super easy for them to be directly affected by everything that's happening with Bitcoin since BTC is their secondary pair. While doesn't happen all the time, it does for majority of the time.
That's true but there are coins that don't yet have Bitcoin pairs but still get affected by the movement of Bitcoin and this is because the whole cryptocurency industry is built around Bitcoin. If bitcoin fails tomorrow, I don't think the industry will survive or it will take a very long time before the industry recovers as trust will be lost. Traders look at the movement of Bitcoin before decision are taking in the altcoins market weather to sell or buy.
With this mentally, the market is automatically program to react to Bitcoin and couple with the fact that majority of the altcoins has the highest trading volume with Bitcoin. Untill recently the stablecoin pairs were not having much trading volume but that is picking up quick rapidly. With time, Bitcoin would be having less effect on the general market as the stablecoin pairs becomes a prefer choice of trading instead of Bitcoin.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
let just say as it is constantly said "Bitcoin the King" yes that is true, all other cryptocurrency are reflection of bitcoin movement, they follows when the market comes up and down, most likely not all currencies though as it is elaborated on CMC while Bitcoin comes up most other cryptocurrencies looses and others gain as well.
And if you do the experiment you will see there is a very high degree of correlation between bitcoin and altcoins, does this means that they move in the exact same way? Of course not, but the timing and magnitude of the movements are extremely similar.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Of course yes, most people make decisions for their coins depends on the price movement of Bitcoin and that's why we can see shitcoins rise when bitcoin is in bullish trend or vice versa. More the dominance then we can assume that it affects more but not every coin has directly proportional movement, some have inverse effects as well.When you say that some use the inverse of bitcoin, you are correct but some funny things still use to happen when you look at it carefully. If bitcoin crashes they will all follow him but if bitcoin is doing bull run they will not follow
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
let just say as it is constantly said "Bitcoin the King" yes that is true, all other cryptocurrency are reflection of bitcoin movement, they follows when the market comes up and down, most likely not all currencies though as it is elaborated on CMC while Bitcoin comes up most other cryptocurrencies looses and others gain as well.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Price could neither have some correlation or not but we know that Bitcoin is the trend setter and this had been a main indication on where the market could possibly go.It might not be all the times but this is where altcoins do really depend on and the market could really move on basing on what Bitcoin is been doing and we know that the community is the ones who do make out such decision whenever they do seedecline then they do tend to switch to bitcoin due to buying opportunity and some do switch to usdt or stable coin to protect their asset.
It's always been unclear of what causes that correlation in price with Bitcoin and altcoins but the biggest pointer has been the fact that altcoins are traded in Altcoin/BTC pair so it makes it super easy for them to be directly affected by everything that's happening with Bitcoin since BTC is their secondary pair. While doesn't happen all the time, it does for majority of the time.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Price could neither have some correlation or not but we know that Bitcoin is the trend setter and this had been a main indication on where the market could possibly go.It might not be all the times but this is where altcoins do really depend on and the market could really move on basing on what Bitcoin is been doing and we know that the community is the ones who do make out such decision whenever they do seedecline then they do tend to switch to bitcoin due to buying opportunity and some do switch to usdt or stable coin to protect their asset.
Indeed, the fact that Bitcoin price movements affect the prices of most altcoins, so Bitcoin price movements are an indication of when there is
a bull market and a bear market. That's why so many people who invest in crypto expect the price of Bitcoin to recover, because if the price of
Bitcoin goes up, it will make the price of altcoins also go up. And vice versa if the price of Bitcoin drops, it makes the price of altcoins go down too.
Now that we can see the price of Bitcoin surprisingly rising to the price of $40k, this has finally made the price of altcoins go up as well. Hopefully
the price of Bitcoin can still go higher, because to make sure it has now entered the bull market, Bitcoin price should at least rise above $45k price,
if that happens it will attract the attention of many investors to enter the market and push the price of Bitcoin to go higher.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Price could neither have some correlation or not but we know that Bitcoin is the trend setter and this had been a main indication on where the market could possibly go.It might not be all the times but this is where altcoins do really depend on and the market could really move on basing on what Bitcoin is been doing and we know that the community is the ones who do make out such decision whenever they do seedecline then they do tend to switch to bitcoin due to buying opportunity and some do switch to usdt or stable coin to protect their asset.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Obviously, it's no hidden truth in this market, even a newbie in the market knows this. When bitcoin is bullish, you would see all the coins soaring to new highs each day while if the market falls and bitcoin becomes bearish you would see every coin seeing new lows each day and falling even harder than bitcoin itself. This is why I suggest every mid term trader should always keep at least 50-70% of their portfolio in bitcoin only to make sure you don't fall for the trap of the bear market, when the market would fall your portfolio would look too red if you are not having a heavy proportion in bitcoin and whenever market will start to rise it will always start with bitcoin rising first. whenever the price of bitcoin increases a lot, the price of altcoin also increases much more than bitcoin and this makes buying altcoin very profitable
But you don't think that it is the volume of unit of altcoins acquired that plays a fast one like the profit are much for altcoins. This is what I think, altcoins are cheaper and acquired in huge unit this makes it look like it is too much in profit. Example you won't compare the volatility of a million coin in your wallet and 5 btc in your wallet also. That of altcoins volatility will be higher.
the fluctuation between bitcoin and other altcoins is scary for example:
when the price of bitcoin falls a lot then the price of altcoin there in relation to the price of bitcoin and at the same time the price of altcoin falls in relation to the price in dollars, this causes that whenever the price of bitcoin falls a lot, altcoins fall much making altcoin more dangerous, but on the contrary it becomes valid, whenever the price of bitcoin increases a lot, the price of altcoin also increases much more than bitcoin and this makes buying altcoin very profitable
when the price of bitcoin falls a lot then the price of altcoin there in relation to the price of bitcoin and at the same time the price of altcoin falls in relation to the price in dollars, this causes that whenever the price of bitcoin falls a lot, altcoins fall much making altcoin more dangerous, but on the contrary it becomes valid, whenever the price of bitcoin increases a lot, the price of altcoin also increases much more than bitcoin and this makes buying altcoin very profitable
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Of course yes, most people make decisions for their coins depends on the price movement of Bitcoin and that's why we can see shitcoins rise when bitcoin is in bullish trend or vice versa. More the dominance then we can assume that it affects more but not every coin has directly proportional movement, some have inverse effects as well. 
All the Altcoins use to follow bitcoin movement and fluctuation. Bitcoin us the leader and bitcoin is a greedy leader.
Bitcoin isn't a greedy leader.It was there before these altcoins have been developed. Actually, there's even earlier development as a digital cash/ecash before bitcoin came but it's the one that has taken attention because it was made on time.
Whenever he is making bull run, all the Altcoins don't follow him to make the run. But if he is crashing all the Altcoins follow him.
It is actually following bitcoin's rise. Most altcoins are following the increase and that's why everyone likes to see bitcoin go up because they know that it's also impacting most of their alts. 
If you mean that Bitcoin affects the prices of other coins, this is absolutely certain. Bitcoin is the main driver of the whole market. When the Bitcoin rises, the rest of the currencies rise with it, and the same happens when it falls, when there is a dominance of Bitcoin on the market, the movement is all for Bitcoin and other coins do not move And when the dominance of Bitcoin decreases, this allows the coins to move more, so when you analyze any coin you must analyze the Bitcoin first.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
there is no denying that almost all other coins always follow what happened to Bitcoin, I have seen this for a long time. Bitcoin is the market leader, almost all the top coins are experiencing the same thing with Bitcoin as it is today, maybe only Altcoins are a little different and don't last long basically the trend remains the same, almost all coins follow Bitcoin. 
Even during the last two bull (in 2017) that he’s talking about I don’t think that the Altcoins started off immediately to increase in value, it still took sometime before the Altcoins started to be bullish. Although there was one coin which started off immediately to be bullish after that bull run happened, and it was Litecoin.
LTC had a really big run than I would have expected, and I expected the same thing to repeat again this time, but it didn’t. I still believe that Altcoins would be bullish anytime soon, so I am going to hold tight on the altcoins that I have invested in till that time comes.
LTC or other altcoins still survive and holding tightly to the altcoins you have is the right choice. because the market will certainly be bullish after the bear market ends. it's just a matter of how to do good management. When bitcoin price fluctuations are very fast, it will greatly affect altcoin price fluctuations and will be more severe than bitcoin.LTC had a really big run than I would have expected, and I expected the same thing to repeat again this time, but it didn’t. I still believe that Altcoins would be bullish anytime soon, so I am going to hold tight on the altcoins that I have invested in till that time comes.
The current state of the market requires patience and no need to panic too much.
All the Altcoins use to follow bitcoin movement and fluctuation. Bitcoin us the leader and bitcoin is a greedy leader. Whenever he is making bull run, all the Altcoins don't follow him to make the run. But if he is crashing all the Altcoins follow him.
We all know that Bitcoin price do affect the general crypto market which makes it a superior above every other coins or tokens in the market. When the Bitcoin price falls, all other tokens and coins will fall too due to strong affiliation of Bitcoin to the crypto market.
Most altcoins came in the market after BTC funded them through their investors. So its a sentimental value which exists.After that the altcoins were expected to do something that will allow users to do something different and new, but of course that never happened so they remains pump and dump schemes and being funded by bitcoin, they follow bitcoin's price changes.
If any altcoin could have solved a real life problem then that coin would have become a different entity and bitcoin would seen a competition but that is rarely the case now. Any project that attempts to copy what bitcoin has been ends up the same way.
So folks, buy bitcoin and hold for long.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Yes, they all have a relationship with Bitcoin’s price fluctuation, coins like Ethereum, Litecoin and a lot of them relates with the price of Bitcoin. That’s why you would see almost all the alternative cryptocurrencies you would find in the market going down when Bitcoin is going down and also when bitcoin starts to be bullish, they start being bullish.It’s called price correlation and the level at which a coin correlates with Bitcoin varies, there are some of them that correlates 100% with Bitcoin, such as Wrapped Bitcoin, it has hundred percent correlation and always maintains the same price with Bitcoin. There are also coins that don’t have much or no correlation at all.
this indicates the bear market is still continuing. All altcoins need room for price recovery, because bitcoin is unstable, of course altcoins are still going down and some are still trying to fix prices.
some investors have also started to enter.
However, Bitcoin dominance is still strong, still in the 41% area and this is still quite high, so that altcoins have not fully recovered their prices.
Even during the last two bull (in 2017) that he’s talking about I don’t think that the Altcoins started off immediately to increase in value, it still took sometime before the Altcoins started to be bullish. Although there was one coin which started off immediately to be bullish after that bull run happened, and it was Litecoin.some investors have also started to enter.
However, Bitcoin dominance is still strong, still in the 41% area and this is still quite high, so that altcoins have not fully recovered their prices.
LTC had a really big run than I would have expected, and I expected the same thing to repeat again this time, but it didn’t. I still believe that Altcoins would be bullish anytime soon, so I am going to hold tight on the altcoins that I have invested in till that time comes.
In any case, bitcoin will be the basis of the market. Most people do not suspect the meaning of blockchain technologBitcoin-based technologies are dead today. It exists only for the sake of the name (trademark).ies. Bitcoin is a household name. https://www.youtube.com/watch?v=30B0NLN83lY
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It's a known fact that altcoins prices correlate with that of Bitcoin. The common understanding of this is that since altcoins are traded via abc/BTC (where abc is the altcoin) pairs, when Bitcoin prices dips, altcoins dip too due to the effect that is created with the pairs.
The only time I haven't seen Bitcoin having much influence on the price of an altcoin is when they don't have pair with Bitcoin on any exchange. I have seen tokens that don't have Bitcoin trading pairs yet and they don't get influence by Bitcoin movement directly but still when the whole market is taking a hit because of Bitcoin decrease they still get affected but on a less harsh rate.
Overall Bitcoin controls the market and this isn't just because of the trading pairs of the market but because the whole industry is built around Bitcoin. For the industry to be progressive, bitcoin has to be doing well. It's unlikely for Bitcoin to be on a decrease and other altcoins are progressively increasing unless they're been pumped by certain factors and aren't genuine growth from the market and usually this spikes don't last.
Bitcoin is their origin, that's why altcoins follow bitcoin on whatever trend it will make. Bitcoin is the dictator of the market, if it falls down, the rest will fall down as well. They have their own season but mostly, altcoin will definitely follow Bitcoin movements. Sometimes there are some coins that's not affected, I mean they are not instantly fall down when Bitcoin falls down but they will do the same thing after some days or weeks, it depends.
Most of the time it does but when the market is just too big for some cryptocurrencies, some of them don't follow bitcoin. I do see this pattern though and I agree that most if not all do follow bitcoin. I think that it's all psychology, probably because we've tied it for a really long time with bitcoin, we always think that the market will plunge when bitcoin is in red. 
I am also one to those who responded that Bitcoin price fluctuations affect the crypto market as a whole, and so other coins are also experiencing fluctuations for sure. And given the high influence of Bitcoin, which most likely its price is the basis of investors their next market decision, then it is not surprising how it impacts the value of the altcoins. Hence, it could either make investors to stop any investment decision for the mean time, or switch to other coins for the time being just like what happened before.
The different scenario is what we have not seen yet this season. Now btc is down and the general market is down but this was not like that in the past bull in 2017 as soon as bitcoin started dropping, the altcoins started riding up because investors took money out from btc and invested in altcoins. Exactly the expectation this year but it is yet to happen, the both markets are still down.
this indicates the bear market is still continuing. All altcoins need room for price recovery, because bitcoin is unstable, of course altcoins are still going down and some are still trying to fix prices.some investors have also started to enter.
However, Bitcoin dominance is still strong, still in the 41% area and this is still quite high, so that altcoins have not fully recovered their prices.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
We all know that Bitcoin price do affect the general crypto market which makes it a superior above every other coins or tokens in the market. When the Bitcoin price falls, all other tokens and coins will fall too due to strong affiliation of Bitcoin to the crypto market. We a know that Bitcoin is the king here, so no need to create much contention. But in some cases, different scenario happens. Like if we are having a bull run, bitcoin price goes up, while altcoins fall down. But mostly, they all rise and fall together. And the current market situation is a perfect example for it as their prices go seemingly together.
The different scenario is what we have not seen yet this season. Now btc is down and the general market is down but this was not like that in the past bull in 2017 as soon as bitcoin started dropping, the altcoins started riding up because investors took money out from btc and invested in altcoins. Exactly the expectation this year but it is yet to happen, the both markets are still down.
Bitcoin and altcoins are said to rise and fall simultaneously. This is because bitcoin always take the lead and receives higher recognition compared to other coins. But in some cases, different scenario happens. Like if we are having a bull run, bitcoin price goes up, while altcoins fall down. But mostly, they all rise and fall together. And the current market situation is a perfect example for it as their prices go seemingly together.
With the rapid growth of the price of bitcoin, the price of altcoins in relation to BTC decreases, but at the same time it still increases in relation to the dollar. This is because capital is flowing from altcoins to BTC. But when the price of BTC falls, first of all investors sell altcoins, as they have high volatility.
Bitcoin and altcoins are said to rise and fall simultaneously. This is because bitcoin always take the lead and receives higher recognition compared to other coins. But in some cases, different scenario happens. Like if we are having a bull run, bitcoin price goes up, while altcoins fall down. But mostly, they all rise and fall together. And the current market situation is a perfect example for it as their prices go seemingly together.
With the rapid growth of the price of bitcoin, the price of altcoins in relation to BTC decreases, but at the same time it still increases in relation to the dollar. This is because capital is flowing from altcoins to BTC. But when the price of BTC falls, first of all investors sell altcoins, as they have high volatility.
Bitcoin is their origin, that's why altcoins follow bitcoin on whatever trend it will make. Bitcoin is the dictator of the market, if it falls down, the rest will fall down as well. They have their own season but mostly, altcoin will definitely follow Bitcoin movements. Sometimes there are some coins that's not affected, I mean they are not instantly fall down when Bitcoin falls down but they will do the same thing after some days or weeks, it depends.
Bitcoin and altcoins are said to rise and fall simultaneously. This is because bitcoin always take the lead and receives higher recognition compared to other coins. But in some cases, different scenario happens. Like if we are having a bull run, bitcoin price goes up, while altcoins fall down. But mostly, they all rise and fall together. And the current market situation is a perfect example for it as their prices go seemingly together. 
I believe most Altcoins have a tendency to follow.
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
You can easily check the btc price movement and compare it with other top alts, if you view for example the crypto prices in coindesk. You can see the overview of the trend movement, and you will say a lot of these alts are indeed following the movement of bitcoin. But for small cap coins and unfamiliar projects, don't expect that it will follow the btc performance as some of them has their own movement especially if the team is playing the pump and dump game.
Most of the altcoins follow bitcoin rally but past day only btc was in green charts and rest most of the alts were still in bloodbath.The past few days have been worse for the market and all the coins have shown negative growth and still little positive signs are on the way.If see bitcoin moves upwards then most of the other coins will also goes with the flow as it's most traded pair along with USDT and can be easily converted to fiat.
Check this article for getting an idea about it : https://coinmarketcap.com/alexandria/article/does-bitcoin-really-lift-the-altcoin-market.
Yes, I saw that last time, btc left other coins behind but you did not notice that some alts show an increase while btc is down, that also happen last time. This events tells us that every coins do also have their own life and not only depending on each other. Check this article for getting an idea about it : https://coinmarketcap.com/alexandria/article/does-bitcoin-really-lift-the-altcoin-market.
A little positive sign is still better than nothing at all, at least we know that there is still a chance that they can go back to normal. It gives a hope to not give up and make us invest more during this dumped season. If I can compare the fluctuation of bitcoin to other coins id say that btc can fluctuate more because that is what I noticed but other coins hardly ever fluctuate , which makes alts are good for investing while btc works best in trading.
Bitcoin is their origin, that's why altcoins follow bitcoin on whatever trend it will make. Bitcoin is the dictator of the market, if it falls down, the rest will fall down as well. They have their own season but mostly, altcoin will definitely follow Bitcoin movements. Sometimes there are some coins that's not affected, I mean they are not instantly fall down when Bitcoin falls down but they will do the same thing after some days or weeks, it depends.
In my opinion as well, altcoins are not having their own way of price movement but they are simply following bitcoin market; an altcoin's market movement can be directly proportional to bitcoin or invertably proportional to bitcoin market but when there will be a significant chance in bitcoin market then that will reflect in all altcoin's market...
Since bitcoin has less volatility compared to altcoins, when the market is dumped, its price decreases less than the altcoin price. Therefore, in a bear market, investors sell their assets and buy BTC. But with a bull market, good altcoins have more chances to surpass bitcoin in profit.
even so making a decision is also not an easy thing we need to research the coin and the market first and that is the important thing
Most of the altcoins follow bitcoin rally but past day only btc was in green charts and rest most of the alts were still in bloodbath.The past few days have been worse for the market and all the coins have shown negative growth and still little positive signs are on the way.If see bitcoin moves upwards then most of the other coins will also goes with the flow as it's most traded pair along with USDT and can be easily converted to fiat.
Check this article for getting an idea about it : https://coinmarketcap.com/alexandria/article/does-bitcoin-really-lift-the-altcoin-market.
Check this article for getting an idea about it : https://coinmarketcap.com/alexandria/article/does-bitcoin-really-lift-the-altcoin-market.
In my opinion as well, altcoins are not having their own way of price movement but they are simply following bitcoin market; an altcoin's market movement can be directly proportional to bitcoin or invertably proportional to bitcoin market but when there will be a significant chance in bitcoin market then that will reflect in all altcoin's market...
Since bitcoin has less volatility compared to altcoins, when the market is dumped, its price decreases less than the altcoin price. Therefore, in a bear market, investors sell their assets and buy BTC. But with a bull market, good altcoins have more chances to surpass bitcoin in profit.
I believe most Altcoins have a tendency to follow.
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
You can easily check the btc price movement and compare it with other top alts, if you view for example the crypto prices in coindesk. You can see the overview of the trend movement, and you will say a lot of these alts are indeed following the movement of bitcoin. But for small cap coins and unfamiliar projects, don't expect that it will follow the btc performance as some of them has their own movement especially if the team is playing the pump and dump game.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Consider the altcoins, they dont have any literal use case of their own in most cases and they all have been funded by bitcoin or ethereum maximally. They dont solve any problem that bitcoin does and neither have they got any sort of mainstream attention by doing something new that bitcoin has not done. There is a lot of market sentiment associated with this.Hence it becomes obvious that whenever bitcoin starts a movements, the altcoins will follow it. Opposite is not true, unless it is an altcoin that is well known, like litecoin.
When trading place your buy orders on an altcoin that you might want to buy when bitcoin is dropping, because the altcoin will follow similar trends.
I believe most Altcoins have a tendency to follow.
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
BTC is the leader the rest follow...
Just compared BTC to a few other cons the last 3 months.
The % drops are pretty close for all these coins selected...
https://exwhere.com/compare/btc-eth-xrp-ltc/oct-21-2021-to-jan-21-2022
there could be some who argue that it's not, that altcoin has it's own price movement. Maybe a tiny percentage though, specially those meme and shit coins who are being used for price manipulations, i.e. pump and dump scheme.
In my opinion as well, altcoins are not having their own way of price movement but they are simply following bitcoin market; an altcoin's market movement can be directly proportional to bitcoin or invertably proportional to bitcoin market but when there will be a significant chance in bitcoin market then that will reflect in all altcoin's market.At the same time when a altcoin market is into high level of manipulation then it will be having completely different market movements from bitcoin because when manipulations are happening such altcoins will not have significant volume which helps them to be pumped or dumped at any extreme levels easily.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
It's obvious, just look at all the trading pair, is btc/altcoin so whatever btc price movement is, every altcoin is going to be affected and we've seen this relationship for so many years now that it's safe to conclude that they have.
But there could be some who argue that it's not, that altcoin has it's own price movement. Maybe a tiny percentage though, specially those meme and shit coins who are being used for price manipulations, i.e. pump and dump scheme.
In my own opinion I believe bitcoin controls the market, whenever bitcoin pumps most of other altcoins also pump and whenever bitcoin dump most of other altcoins also dump. Bitcoin is the master of cryptocurrency and it controls the market that's why it will be rear to see a coin pumping whenever bitcoin is dumping hard. I don't say there are not some coins that will still pump but they are very rear.
The reality is that's how it is in the market and some altcoins rely on Bitcoin,that's why I think Bitcoin is the king of crypto,
let's see what will happen later and follow the movement and development of Bitcoin
Bitcoin has the most biggest market cap.
By talking about it's market cap, it does have a great impact to other crypto assets volatility.
If BTC moves everything will move together with it, aside from projects where community is so strong enough and choose to hold their assets.
Also, check shit coins they usually don't move together with BTC, since people who bought it
doesn't actually care about the crypto as whole
and tends to think that BTC is the shit coin and not the ones their holding or buying.
By talking about it's market cap, it does have a great impact to other crypto assets volatility.
If BTC moves everything will move together with it, aside from projects where community is so strong enough and choose to hold their assets.
Also, check shit coins they usually don't move together with BTC, since people who bought it
doesn't actually care about the crypto as whole
and tends to think that BTC is the shit coin and not the ones their holding or buying.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Other coins are being valued in BTC hence they are deeply related to bitcoin's fluctuations but that doesn't mean bitcoin's market volatility got any relation with any of altcoin. Bitcoin do trade based on its fundamental and all other world's crypto related news as far as I have experienced with it.If bitcoin is going up then we see the connection that many altcoins are also moving up.
Yeah, most altcoins do not have any of their own way of market direction and always depending on bitcoin. Hence, there will be no point of comparing bitcoin's market fluctuations with altcoins. 
In my own opinion I believe bitcoin controls the market, whenever bitcoin pumps most of other altcoins also pump and whenever bitcoin dump most of other altcoins also dump. Bitcoin is the master of cryptocurrency and it controls the market that's why it will be rear to see a coin pumping whenever bitcoin is dumping hard. I don't say there are not some coins that will still pump but they are very rear.
Because until now Bitcoin is still in the top position and Bitcoin dominates the market, therefore the price of altcoins is usually affected
by the movement of Bitcoin. So when we are going to decide to invest in altcoins it is very important to see the movement of Bitcoin as well,
as you said it is very rare that altcoins can pump when the Bitcoin price dumps. It is very natural that Bitcoin is very influential on
the crypto market, because in addition to Bitcoin being the first crypto coin, Bitcoin does have the most supporters in the crypto world.
So if there are people who don't invest in Bitcoin, it's very unfortunate, because besides Bitcoin is the best asset so far, Bitcoin is also
the safest to buy. Because no matter how deep the Bitcoin dump is, it will always be able to go up again and even reach a higher price.
In my own opinion I believe bitcoin controls the market, whenever bitcoin pumps most of other altcoins also pump and whenever bitcoin dump most of other altcoins also dump. Bitcoin is the master of cryptocurrency and it controls the market that's why it will be rear to see a coin pumping whenever bitcoin is dumping hard. I don't say there are not some coins that will still pump but they are very rear.
Exactly Yes you are right there are so many fellows who have such a notion related to the price of bitcoin as well as other coins actually bitcoin is really good coin so if it goes down then those who have buy it will be in great loss but the fact is that each and every coin will be goes along the situations of up and down. It is closely related the whenever the price or worth of bitcoin decreases so keep in mind that other coins will also be decreases.
No doubt other altcoins prices are linked with Bitcoin because Bitcoin is the first altcoin and major currency in the cyrpto market so most of the other altcoin up and downs with the price of Bitcoin but not all altcoins related to Bitcoin price some coins have not been affected by Bitcoin price up to and down.
^ Wait, what?I think you need to understand first about BTC and how it will work, this is not an altcoin in the first, BTC is the pioneer cryptocurrency that until now has been existed because the real meaning of decentralizing was here. The altcoins price was relying upon BTC because the major trading activities are using BTC, when you buy and sell altcoins, you need to use BTC upon withdrawing the fund and converting into fiat. So it is possible that the BTC fluctuation will be the same as the altcoin because altcoin will follow it, not unless if you have a stable coin which is will not follow the BTC price.
No doubt other altcoins prices are linked with Bitcoin because Bitcoin is the first altcoin and major currency in the cyrpto market so most of the other altcoin up and downs with the price of Bitcoin but not all altcoins related to Bitcoin price some coins have not been affected by Bitcoin price up to and down.
That is not the only reason, the main reason why this happens is that the market cap of altcoins is wildly exaggerated, meaning that the dominance bitcoin has over this market is way higher than what it may seem at first sight, and with this being the case then when bitcoin makes a movement then almost all altcoins move as well as they are too small to resist to pull that bitcoin generates, causing the high correlation we see between bitcoin and altcoins. No doubt other altcoins prices are linked with Bitcoin because Bitcoin is the first altcoin and major currency in the cyrpto market so most of the other altcoin up and downs with the price of Bitcoin but not all altcoins related to Bitcoin price some coins have not been affected by Bitcoin price up to and down.
^ Wait, what?I think you need to understand first about BTC and how it will work, this is not an altcoin in the first, BTC is the pioneer cryptocurrency that until now has been existed because the real meaning of decentralizing was here. The altcoins price was relying upon BTC because the major trading activities are using BTC, when you buy and sell altcoins, you need to use BTC upon withdrawing the fund and converting into fiat. So it is possible that the BTC fluctuation will be the same as the altcoin because altcoin will follow it, not unless if you have a stable coin which is will not follow the BTC price.
Even if you look at the rate of bitcoin and other coins now, you can already draw conclusions.
So what is the conclusion that you have drawn yourself ?
The price of bitcoin fluctuations is never to be compared to altcoins and from the look so far with the recent dip of bitcoin, the volatility of every coin is dropping likewise.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
The influence of bitcoin prices in other coins is obvious as all other coins are getting their value in terms of bitcoin and when bitcoin is rising then most coins will diminish and also when bitcoin is falling then most altcoins will fall but when bitcoin is trading in range bound then altcoins may rise. But, these are based on observations and there will be limitation for these to remain true all the times.Except few altcoins, all others are lagging in decent volume which is the reason they do get manipulated easily. In such cases, we cannot expect any relation between bitcoin and altcoins.
No doubt other altcoins prices are linked with Bitcoin because Bitcoin is the first altcoin and major currency in the cyrpto market so most of the other altcoin up and downs with the price of Bitcoin but not all altcoins related to Bitcoin price some coins have not been affected by Bitcoin price up to and down.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Perhaps, you were right. What will happen in the market price especially for Altcoins will it rely upon Bitcoin and that was pretty obvious to see. Bitcoins have dominated the market, the was the fact. That is why if I'll go to buy some altcoins, I'd make an analysis based on the trend of Bitcoin. Their connection is somewhat obvious to see but along with that looks and its influences on the market it cannot save projects that are worthless, they still die and are gone forever.
Altcoins follows bitcoin movement truly but not all the time. Like in 2017, there was a time that bitcoin dropped after the ATH then but altcoins started a rally that got many coins to ATH. The rise and fall of bitcoin affects altcoins yes but at other instance it may happen that there will be altcoin season and they will keep increasing while bitcoin will stay movement sideways.
That is true, I remember last year also when bitcoin rallied to certain extent and having a dominance of almost 70% but later bitcoin price was not increasing but altcoins season started, this reduce bitcoin price from as high as 68% to less than 50%. I read a post at that time on this forum that this also has before happened in 2017. But the case is mostly all altcoins moving in the direction bitcoin is moving but to greater level for altcoins. 
It's pretty obvious, though it's actually more apparent during Market crashes, specifically Bitcoin crashes. Most Bitcoin crashes is seen to move the trend of the market similar to what it is experiencing, an example would be the past few dumps we've actually had. Whenever Bitcoin is growing though, altcoins don't necessarily follow but the general trend is still going up, just that it's now dependent on the coin themselves whether they would go up, or go sideways.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
The opposite actually. The altcoin price fluctuates with the price of bitcoin. If bitcoin gets pumped, we will see other coins aren't moving that much and some even gets dumped. Again, when the price of bitcoin falls, altcoin crash very badly. This is because, when the price of bitcoin falls, altcoin holders sell their altcoin to buy bitcoin at cheaper price. The price then eventually recovers as people buy back their altcoins at cheaper price. Look at todays market. As bitcoin started to fall (around 6%), altcoin started to crash even more (around 11%). It has always been like this. Altcoins follow bitcoin price, there can be some times when the price will may differ like altcoin season but at last the same are the trends. As bitcoin price is falling, altcoins price are falling also, as bitcoin price is increasing, altcoins price are increasing also. They have connections like you said.
Altcoins follows bitcoin movement truly but not all the time. Like in 2017, there was a time that bitcoin dropped after the ATH then but altcoins started a rally that got many coins to ATH. The rise and fall of bitcoin affects altcoins yes but at other instance it may happen that there will be altcoin season and they will keep increasing while bitcoin will stay movement sideways.
Bitcoin rises, altcoins fall
Bitcoin falls, altcoins crash or fall much deeper
Bitcoin sideways, altcoins sideway or rise
Bitcoin falls, altcoins crash or fall much deeper
Bitcoin sideways, altcoins sideway or rise
or dump!
There are cases and cases with those thousands of altcoins so some might benefit from a longer stability period and gain more on BTC but some might get under, and you don't have to go to the tenth page of CMC for that. Even in this situation and this moment, while some coins like AAVE or LINK have gained 40% in the last 30 days, SOL and ETH are down 6% in the same period.
Also, some coins tend to actually rise faster than bitcoin when there is a bull run, some exceeding BTC, I don't think I've seen a jump where altcoins would lose even on BTC parity all around, not even mention $ terms.
But totally agree on the dump, that's when the bloodbath begins and for some coins, it doesn't stop even when BTC becomes stable again.
My conclusion is somewhat because, when Bitcoin goes down, investors purchase generally in Bitcoin using fiat and trade it into the altcoins that they like to purchase or purchase Bitcoin and trade into Ethereum and but altcoins.
That's no longer the case for most of the top 100 coins.
It was in the past when the exchanges that tarded lower volume shitcoin did not have bank deposits or other types of funding and you had to buy BTC on the major exchanges but times have changed.
You can easily send a wire, especially when it comes to SEPA, you can purchase with a CC, even top exchanges have a ton of altcoins, and if you're ever forced to buy something most use USDT, not BTC or ETH, USDT has almost 4 times the volume of BTC if we exclude volume in between.
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I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Yes, Bitcoin is the major force in the crypto market and the trend it posed is what determines the next move of the altcoin market. However, that is not how it works in every cryptocurrency market season, sometime the altcoin independently finds their own trend.Definitely.
Bitcoin is the reason why majority of the altcoins are moving. If bitcoin is going up then we see the connection that many altcoins are also moving up.
And the same goes for the opposite.
If you're talking about Bitcoin to be the major reason why the altcoin market was bullish during the halving effect market. Yes, you're right but if not, no you're wrong because there's altcoin season where major altcoins in the market experience bullish trends while Bitcoin will be left out. Bitcoin is the reason why majority of the altcoins are moving. If bitcoin is going up then we see the connection that many altcoins are also moving up.
And the same goes for the opposite.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
You are talking about a concept called correlation, there is positive, negative and no correlation, positive correlation happens when one variable moves and the other does in a similar magnitude and direction, negative correlation happens when a variable moves and the other moves in the opposite direction, and no correlation is when as you may guess the movements of the variables present no positve or negative correlation on their movements, and as you have pointed out bitcoin and altcoins have a very high positive correlation. 
My conclusion is somewhat because, when Bitcoin goes down, investors purchase generally in Bitcoin using fiat and trade it into the altcoins that they like to purchase or purchase Bitcoin and trade into Ethereum and but altcoins. So, therefore, I have drawn and conclusion which is altcoin prices are most commonly measured in Bitcoin which as we see it seems they had tied up to each other.
Yes, but just to a certain extent. The current state of the cryptocurrency markets are far different than what it was in 2016, as stablecoins are highly adopted now with exchanges.Noticed this too, when the Bitcoin price pumped, the altcoins price experienced a hard time recovering the price while Bitcoin already pumped, there's quite a delay but it's noticeable.
In some cases yes, but this is mostly not the case. BTC and alts have been moving in tandem for a while now. I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
This relationship have been studied many times but without any particular references no one knows why this happens. I mean this keeps happening without fail and only few coins were able to break this relation in the past or currently.
Moreover, look closely not all the coins are doing this. I mean those with ranking above 100+ or those with new adoptions will not correlate to the bitcoin and would act normally even if bitcoin is going up or down.
Could be parallel relation due to after effects of price movement.
Bitcoin rises, altcoins fall
In most cases, altcoins actually follow with the rise, and a lot of times even rising significantly higher percentage-wise. It's just that altcoins' price movements are delayed by a bit when bitcoin goes up.
Noticed this too, when the Bitcoin price pumped, the altcoins price experienced a hard time recovering the price while Bitcoin already pumped, there's quite a delay but it's noticeable.
Bitcoin rises, altcoins fall
In most cases, altcoins actually follow with the rise, and a lot of times even rising significantly higher percentage-wise. It's just that altcoins' price movements are delayed by a bit when bitcoin goes up.
Bitcoin rises, altcoins fall
Bitcoin falls, altcoins crash or fall much deeper
Bitcoin sideways, altcoins sideway or rise
You see in most of cases, altcoins have to rely on Bitcoin to maintain their price or trigger their growth. People can be blinded and become greedy with altcoins because they think altcoins can bring better profit for them. It can be true in some cases but not all. In general, Bitcoin brings more profit in long run and it is safer than altcoins.
If an altcoin can rise 100 times, it can be pulled back 100 times in bear market. You will see in it bear market and I hope you won't have to pay losses for this lesson.
Bitcoin falls, altcoins crash or fall much deeper
Bitcoin sideways, altcoins sideway or rise
You see in most of cases, altcoins have to rely on Bitcoin to maintain their price or trigger their growth. People can be blinded and become greedy with altcoins because they think altcoins can bring better profit for them. It can be true in some cases but not all. In general, Bitcoin brings more profit in long run and it is safer than altcoins.
If an altcoin can rise 100 times, it can be pulled back 100 times in bear market. You will see in it bear market and I hope you won't have to pay losses for this lesson.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
yeah probably there's a connection because indeed when bitcoin is making correction most altcoin is doing the same as well, especially when bitcoin skyrocketed the entire market is green, that's what i always noticed to be honest.. it means bitcoin can influence all the cryptocurrency in the market. 
You said it in reverse and it is correct to say "Bitcoin price changes affects all altcoins prices", when:
- Bitcoin up --> stability and relative increase in altcoins --> followed by a gradual increase.
- Bitcoin dump --> corrections begin for all altcoins.
Correction are stronger than bitcoin because the majority withdraw their profits from altcoins in the form of bitcoin or USD.
As for the reason, it is that the goal of most altcoins is to make a profit by withdrawing their values to Bitcoin or any stable currency.
ETH is getting part of this effect, but Bitcoin is still dominant.
- Bitcoin up --> stability and relative increase in altcoins --> followed by a gradual increase.
- Bitcoin dump --> corrections begin for all altcoins.
Correction are stronger than bitcoin because the majority withdraw their profits from altcoins in the form of bitcoin or USD.
As for the reason, it is that the goal of most altcoins is to make a profit by withdrawing their values to Bitcoin or any stable currency.
ETH is getting part of this effect, but Bitcoin is still dominant.
If altcoins price will always follow Bitcoin price, actually I don't see any reasons why should altcoins be created. This just make how bad altcoins, they don't have fundamental, they don't have enough power to stand, and they don't have different use cases from Bitcoin. Those bad or good news are mostly targeted for Bitcoin, then why altcoins price following Bitcoin?
Only stablecoins are different from Bitcoin, if Bitcoin increase, stablecoins will decrease and vice versa.
I think one reason for this is also that most people price Altcoin in BTC. So if BTC goes down (against the $) and Alt keep their price (in BTC) then Alts are also going down in $. Another thing is that BTC still represents 40% of the entire market cap. People just follow the leader here. This might change if one day BTC is not the largest crypto anymore. Only stablecoins are different from Bitcoin, if Bitcoin increase, stablecoins will decrease and vice versa.
If altcoins price will always follow Bitcoin price, actually I don't see any reasons why should altcoins be created. This just make how bad altcoins, they don't have fundamental, they don't have enough power to stand, and they don't have different use cases from Bitcoin. Those bad or good news are mostly targeted for Bitcoin, then why altcoins price following Bitcoin?
Only stablecoins are different from Bitcoin, if Bitcoin increase, stablecoins will decrease and vice versa.
Only stablecoins are different from Bitcoin, if Bitcoin increase, stablecoins will decrease and vice versa.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Bitcoin fluctuations will impact the altcoins. When the bitcoin price moves, the altcoin will follow, especially if the bitcoin price is down. But not all of the altcoins will go down because some altcoins can stay at the current price and wait for a while until bitcoin is up again. But if the bitcoin price is up, almost all altcoins will follow to go up. Some altcoins can increase high, although bitcoin is stagnant and does not move to any price. But bitcoin will be the parameter for the altcoins to move. 
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
The relationship for me, Bitcoin first then altcoins.If you observed lately, there are some times that when
Bitcoin is pumping, altcoins are dumping. <- rare case
Bitcoin is dumping, altcoins are dumping.
But Bitcoin is sideways, altcoins are pumping.
These things I can consider related with Bitcoin to altcoins.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
The increase in popularity of trading pairs involving stablecoins might make this a little confusing to Newbies, but it's true that Bitcoin price fluctuations affect price fluctuations of other altcoins in most cases. This is because almost all the coins in the market would be traded against Bitcoin. So if anything happened to the Bitcoin price, it also means that the altcoin price would be impacted in USD value.The market dominance of Bitcoin which is usually big is also another factor to look at.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
It's a known fact that altcoins prices correlate with that of Bitcoin. The common understanding of this is that since altcoins are traded via abc/BTC (where abc is the altcoin) pairs, when Bitcoin prices dips, altcoins dip too due to the effect that is created with the pairs.
Typicall:
- When Bitcoin dumps, altcoins dumps.
- When Bitcoin pumps, altcoins pump.
But there are times when it doesn't work like this.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Correlation? Sometimes yes and Sometimes not and that what make things even more harder to predict on.Both Bitcoin and altcoins could really go into different path thats what it makes harder to make out guesses and predictions because it would always vary on the demand and recognition plus having those other effects came from other factors like news/fuds and other sentiments.This is why when you do make out analysis and thinking about those biases then this is something cant really be known or handle it well.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Most of the altcoins in the market should be as they are just following the trajectory of bitcoin's price. In the long run it's really best if you hold Bitcoin rather than altcoins since if Bitcoin goes further lower, these alts hurts the most as they goes even lower in percentage decrease than Bitcoin.The thing is, you'll get it by experiencing a catastrophic thing like the bear market of 2018, nof for the faint of heart thing but that scenario was great lesson for those who experience it.
It's somehow proven before that most altcoins follow the trend of Bitcoin and it's not new today. If you have a chart look closely how often the price of Bitcoin change then some altcoins will follow either up or down. But for those altcoins that doesn't follow the trend they are probably under the top 50 coins in CMC.
I think if you take some time staying at this market you will probably get used to see most of these altcoins moving especially if you are a trader. Although, Bitcoin's volatility is not normal and it's unpredictable at the same time. So I would say it's still different in some altcoins even with the trend.
I think if you take some time staying at this market you will probably get used to see most of these altcoins moving especially if you are a trader. Although, Bitcoin's volatility is not normal and it's unpredictable at the same time. So I would say it's still different in some altcoins even with the trend.
Altcoins follow bitcoin price, there can be some times when the price will may differ like altcoin season but at last the same are the trends. As bitcoin price is falling, altcoins price are falling also, as bitcoin price is increasing, altcoins price are increasing also. They have connections like you said.
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
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