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Topic: How can all (or most) cryptocurrencies rise and fall at the same time? - page 2. (Read 634 times)

full member
Activity: 1092
Merit: 227
Mostly I mk4 seems correct in this thread. There is no other reason than bitcoin taking the whole crypto down and up at the same time. More or less it seems bitcoin price is paired with altcoins which means alts will ultimately have to correct them proportionately and you guessed it right, it will happen by following the price trend of bitcoin in their volume.

After few corrections this trend is also seem to be disconnecting from the bitcoin as different coins are invested according to market situation and then that particular volume determines the exact trading chart pattern thereafter. Not sure if this logic is correct but it's not disagreeable either.
full member
Activity: 1568
Merit: 100
COMBONetwork
Same as we've got universal law, it is common to see the entire market experience downward movement when the price of bitcoin drops. Bitcoin is the reference market over which the rest of the altcoins rely. This makes a combined movement in the market with few exceptions that have a varied market movement as they look like manipulation.
When it comes to Bitcoin I think almost everyone already knows that Bitcoin is the benchmark for other coins,
the movement of altcoins depends on the movement of Bitcoin itself,
even so not all coins are like that and indeed for now the market movement tends to go down
full member
Activity: 826
Merit: 135
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I believe that bitcoin is the fastest and well known coin and has more high in status so when the market is not well therefor all the coins are clearly to adopt themself in that pattern in which bitcoin goes whether its good or bad but actually it is accordance with the market and also with that of bitcoin but as the market adopt finer status so other coins also do that.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
They adhere to a general trend, with Bitcoin remaining the one that they largely follow because it is still the best cryptocurrency to use. Additionally, the general mood of one sector of the market typically affects the other sectors, thus when Bitcoin is down, it certainly raises a negative mood (for the most part) in the altcoin sector. Not to suggest that altcoins don't have their own market; pumps and dumps still differ from coin to coin, but most of the time whales are controlling how much a market pumps or dumps.
It is understandable because people get into crypto world via bitcoin mostly, and then they start to look at other things as well. Not all people but most people buy bitcoin as their first coin, and then they could end up buying other things for bigger returns if they get greedy, or they could be like me where they end up with just bitcoin and maybe a bit of eth as well.

It is clear to me that it is the best option, but also more than that we have a HUGE futures market as well, people long or short bitcoin a lot too, and that is even bigger peoples market, billions change hand there everyday which causes the market to be huge and bitcoin being bigger than all others.
hero member
Activity: 2646
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Same as we've got universal law, it is common to see the entire market experience downward movement when the price of bitcoin drops. Bitcoin is the reference market over which the rest of the altcoins rely. This makes a combined movement in the market with few exceptions that have a varied market movement as they look like manipulation.
hero member
Activity: 2814
Merit: 576
DGbet.fun - Crypto Sportsbook
BTC seems to be a big influence on the cryptocurrency market that when it goes up others follow suit as well as when it drops. Also those buying the crypto then to hold and hold all at once and those who sell also are likely to sell all at once so this definitely affects the rise and fall of cryptocurrencies
Simply because bitcoin is the blood of the crypto market and whatever it’s current price will greatly influence the prices of other cryptos. The reason why other cryptos fall too when bitcoin is dumping, and starts to see price surges too when bitcoin is pumping. And when the market is in bear season, then expect that all crypto coins will be affected and it maybe be hard for them to experience price growth.
newbie
Activity: 42
Merit: 0
BTC seems to be a big influence on the cryptocurrency market that when it goes up others follow suit as well as when it drops. Also those buying the crypto then to hold and hold all at once and those who sell also are likely to sell all at once so this definitely affects the rise and fall of cryptocurrencies
member
Activity: 546
Merit: 10
The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
They adhere to a general trend, with Bitcoin remaining the one that they largely follow because it is still the best cryptocurrency to use. Additionally, the general mood of one sector of the market typically affects the other sectors, thus when Bitcoin is down, it certainly raises a negative mood (for the most part) in the altcoin sector. Not to suggest that altcoins don't have their own market; pumps and dumps still differ from coin to coin, but most of the time whales are controlling how much a market pumps or dumps.
hero member
Activity: 2086
Merit: 553
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The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
Afaik, simply it may be known that the up and down price of cryptocurrency is happened because following the Bitcoin market. So far, Bitcoin still become the one that really influences the market condition. We can see that every time there is FUD for Bitcoin, or there is bearish era for Bitcoin, the altcoins will automatically follow the graphic of Bitcoin, mostly will follow the fall or rise up of the Bitcoin price.

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not all of them. some altcoins sometimes still keep their prices stable when market conditions are making movements.
indeed the overall situation of bitcoin will affect the altcoin market. and it all depends on how we make an investment planning policy. some people prefer bitcoin and others like altcoins. there are even some people who are fans of meme coin.
Although there may be certain token or coin that is probably opposite or stable, I don't think that will last longer, commonly only hype, and then will follow Bitcoin, too. We have seen how many other cryptos are trying to do the opposite, rising up many percentages when the BTC price is falling down, but after several days, they are dumped so much and then dropped like what happened to other cryptos.
legendary
Activity: 2282
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A Bitcoiner chooses. A slave obeys.
I am not one hundred percent sure but I think it might also have a lot to do with whales deciding on market sentiment mostly from looking at the biggest market cap player, Bitcoin. If cryptocurrency sentiment goes down, thats just the whales shorting against stablecoins or fiat. And if the altcoin is pair-listed with Bitcoin, a lot of people push Bitcoin down even further by selling it for said Altcoin. But thats the same reason as why altcoins go higher than BTC whenever there is BTC pump. Basically thats just them longing their altcoin against Bitcoin.

I might be totally off but thats how I see it.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
The price of all the coins are highly related to the price of bitcoin and whenever the worth of bitcoin become low so directly the other coins also become in dip. If bitcoin price goes up so all the other coins also enhance and elevated in its worth. So whenever the price become low select any coin wisely for investment and do not  make trading or investment if the cost is highest on its peak.
not all of them. some altcoins sometimes still keep their prices stable when market conditions are making movements.
indeed the overall situation of bitcoin will affect the altcoin market. and it all depends on how we make an investment planning policy. some people prefer bitcoin and others like altcoins. there are even some people who are fans of meme coin.
There are not many of them around, I mean sure they could give it a try but in the end it is not going to be like that for most coins. I do understand that you may end up finding a few, but it is not going to be common and it will not be long term. If the market goes down a lot, not many coin will be able to keep their prices high for a long time.

Let me tell it this way, when all these coins reached their peak on the fourth quarter of 2021, have you find anything right now that would be similar price to those days? I am sure there are none. Which is why even if some managed to hold on for a while, that means we are going to end up seeing it go down eventually.
sr. member
Activity: 2044
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The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
This is the trend, if the top coins goes down the thinking of the trader/investor is to save their money from the crash and that is the time for them to sell according to the market trend. This is pretty normal especially if the altcoins is paired to BTC since this is the main basis of the market, if BTC dump many will follow later on. Though some are still able to go for a different trend, but you rarely see this kind of trend most of the time, with cryptomarket BTC is the leader and the initiator of the market trend.
sr. member
Activity: 1372
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The price of all the coins are highly related to the price of bitcoin and whenever the worth of bitcoin become low so directly the other coins also become in dip. If bitcoin price goes up so all the other coins also enhance and elevated in its worth. So whenever the price become low select any coin wisely for investment and do not  make trading or investment if the cost is highest on its peak.
not all of them. some altcoins sometimes still keep their prices stable when market conditions are making movements.
indeed the overall situation of bitcoin will affect the altcoin market. and it all depends on how we make an investment planning policy. some people prefer bitcoin and others like altcoins. there are even some people who are fans of meme coin.
hero member
Activity: 1498
Merit: 502
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The price of all the coins are highly related to the price of bitcoin and whenever the worth of bitcoin become low so directly the other coins also become in dip. If bitcoin price goes up so all the other coins also enhance and elevated in its worth. So whenever the price become low select any coin wisely for investment and do not  make trading or investment if the cost is highest on its peak.
copper member
Activity: 1428
Merit: 253
For me, the only logic that all cryptocurrencies can go up is that bitcoin has already confirmed a bullish trend, otherwise we cannot talk about a season of altcoins in green if the price of BTC can or intends to go down, it is something like that Like what was experienced in 2017, in 2021 they tried to see a possible altcoin season but the trend was not confirmed, this caused some disappointment in many, despite the fact that BTC managed to take a good ATH but it was not enough.

on the trend that formed from the last Bitcoin pump, only altcoins with good trades were able to follow the trend of Bitcoin. not all altcoins can pump when bitcoin makes a positive trend.
but from that incident, I think most altcoin traders and investors have already benefited from the bull trend that occurred. Most importantly, just take every advantage that comes your way. hoping for the new altcoin season looks like we still have to wait a little longer.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
For me, the only logic that all cryptocurrencies can go up is that bitcoin has already confirmed a bullish trend, otherwise we cannot talk about a season of altcoins in green if the price of BTC can or intends to go down, it is something like that Like what was experienced in 2017, in 2021 they tried to see a possible altcoin season but the trend was not confirmed, this caused some disappointment in many, despite the fact that BTC managed to take a good ATH but it was not enough.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Look at the stock market the same thing happens so its literally a trend among the investors when they see price drop they try to protect their capital or profits especially who invested in short term so it ends up in following what is happening with bitcoin. But there are also data most coins went to rend when bitcoin is at its peak because people are selling their shitcoins to accumulate bitcoin so there is nothing really weird when we such instances.
Neither altcoin would follow or would really just be going down instead even bitcoin is on a bull run as said that people be easily switching up their coins and converted to bitcoin since they have seen that it already

increasing it price which it would really be just common sense for you to take some action on selling it out while you are still in gains rather than making yourself missing out the action on securing your profit.

Correlation in between stock/forex markets and cryptocurrencies arent really that happening most of the time.They are on different markets but the overall concept and behavior is really that the same
whenever we do talk about bull runs or bearish runs.

The cryptocurrency market don't have such correlation like stocks and forex but we can't ignore the fact whenever there is huge bump or dump in stock market it has some effects on Bitcoin and the whole crypto market as well. But both investors are completely different especially the old school people who still says bitcoin is nothing but a scam so its all happening due to how people reacts when they see the market trends.
legendary
Activity: 2534
Merit: 1397
The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
As Bitcoin is the highest market capitalization among all the cryptocurrencies we have right now than most of them I believe are just following Bitcoin.
So for me, especially when I am doing trading I rather trade Bitcoin than trading other altcoins especially other high market capitalization altcoins which just correlate with the price of Bitcoin most of the time, so for me, it's just the same, volume on Bitcoin is higher.
sr. member
Activity: 2604
Merit: 339
Vave.com - Crypto Casino
Look at the stock market the same thing happens so its literally a trend among the investors when they see price drop they try to protect their capital or profits especially who invested in short term so it ends up in following what is happening with bitcoin. But there are also data most coins went to rend when bitcoin is at its peak because people are selling their shitcoins to accumulate bitcoin so there is nothing really weird when we such instances.
Neither altcoin would follow or would really just be going down instead even bitcoin is on a bull run as said that people be easily switching up their coins and converted to bitcoin since they have seen that it already

increasing it price which it would really be just common sense for you to take some action on selling it out while you are still in gains rather than making yourself missing out the action on securing your profit.

Correlation in between stock/forex markets and cryptocurrencies arent really that happening most of the time.They are on different markets but the overall concept and behavior is really that the same
whenever we do talk about bull runs or bearish runs.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Look at the stock market the same thing happens so its literally a trend among the investors when they see price drop they try to protect their capital or profits especially who invested in short term so it ends up in following what is happening with bitcoin. But there are also data most coins went to rend when bitcoin is at its peak because people are selling their shitcoins to accumulate bitcoin so there is nothing really weird when we such instances.
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