How can all (or most) cryptocurrencies rise and fall at the same time?

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Quote from: Viscore on September 24, 2022, 04:46:19 PM

Quote from: GreatArkansas on July 20, 2022, 08:15:42 PM

Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

It is because bitcoin’s price influences the whole crypto market. So if ever you trade with altcoins, there are high chances that you will fail in trading as bitcoin suddenly dump its price and affects most of the altcoins. That is why most of us would want to prioritize bitcoin trading not only because of its higher volume, but the amount of returns is obviously bigger than trading with altcoins.

Correct, bitcoin is so influential because of two factors, one of them is its huge volume compared to the rest of the coins we have in the market and the second is that bitcoin is actually used to make transactions and is not only a vehicle of speculation, if we really take a look we will see that most people are not really using their altcoins for anything other than speculation, so this amplifies the influence bitcoin has on them and makes their movements even more abrupt than what they should be.

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Not all cryptocurrencies rise or fall at the same time. Depends on a current trend, the number or rising ones would be higher than the number of falling ones and vice versa.

Let's see the image for Pathways to Alt season. It is taken from Secretsofcrypto

Bitcoin is a leader of cryptocurrency market with highest trading volume, oldest history and most dominating role.

A bull run or bear run of crypto market has to be triggered by Bitcoin. That is presented in the infographics as Bitcoin first, Ethereum later, top altcoins and low-capped, shit coins.

In aspect of capital flow, you can explain this flow too. Institutional investors, whales have to pick a coin that has enough high trading volume for them in order to easily enter and exit. Bitcoin is the best choice in this term and the second best one is Ethereum.

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Quote from: freedomgo on September 25, 2022, 04:34:56 PM

Quote from: Digital_Lord on August 04, 2022, 08:17:28 AM

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.

The whole crypto coins in the market are said to be much dependent on the movement of bitcoin. Whatever the price condition of bitcoin, altcoins also follow. It is because bitcoin is the only crypto that drives the whole crypto market system, if it’s bullish then altcoins will also follow a bullish price, and if bitcoin experience it’s dip and drops it’s price suddenly, altcoins will also struggle and stay in a low value.

In fact, many trading analysts always make buy or sell decisions for the altcoins they hold by analyzing the movement of BTC first. because it is the movement of BTC that always determines which direction the movement of all coins will move. except for coins that do have a big event that will take place usually the price movement will not be affected much by bitcoin.

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Quote from: Viscore on September 24, 2022, 04:46:19 PM

Quote from: GreatArkansas on July 20, 2022, 08:15:42 PM

Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

It is because bitcoin’s price influences the whole crypto market. So if ever you trade with altcoins, there are high chances that you will fail in trading as bitcoin suddenly dump its price and affects most of the altcoins. That is why most of us would want to prioritize bitcoin trading not only because of its higher volume, but the amount of returns is obviously bigger than trading with altcoins.

Well for this and many other reasons, it is that Bitoin is considered and is the King of everything, because without Bitcoin there would be no altcoins, much less tokens, sometimes it makes me laugh to see some threads where there are projects that say and affirm that they do not they will depend on bitcoin and that they will be bigger than bitcoin, that is a wrong statement that doesn't make any sense, the reason why bitcoin is king, is because it has a life of its own, another altcoin has no life of its own, and if bitcoin goes below, all the altcoins, tokens bleed with great intensity, if bitcoin goes into an upward trend as in 2018, it is when the altcoin season begins.

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Quote from: Digital_Lord on August 04, 2022, 08:17:28 AM

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.

The whole crypto coins in the market are said to be much dependent on the movement of bitcoin. Whatever the price condition of bitcoin, altcoins also follow. It is because bitcoin is the only crypto that drives the whole crypto market system, if it’s bullish then altcoins will also follow a bullish price, and if bitcoin experience it’s dip and drops it’s price suddenly, altcoins will also struggle and stay in a low value.

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Quote from: Viscore on September 24, 2022, 04:46:19 PM

Quote from: GreatArkansas on July 20, 2022, 08:15:42 PM

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.

It is because bitcoin’s price influences the whole crypto market. So if ever you trade with altcoins, there are high chances that you will fail in trading as bitcoin suddenly dump its price and affects most of the altcoins. That is why most of us would want to prioritize bitcoin trading not only because of its higher volume, but the amount of returns is obviously bigger than trading with altcoins.

I think it's just wise to use btc for all activities that we do (i.e trading, investing or even when gambling) as no one can drag this coin but if you pick up other coins, there's a chance that btc can fall and it can only be dragged away, losing your gains. There's also no guarantees that when btc recovers, that alt/tok can recover because many of them are too shady.

In terms of return or profit potential, many believe that newer tokens or altcoins can supply it and not bitcoin. They think the growth rate of btc have becoming slower from time to time because its base price is already high. Well, that's up to them if they are also willing to take big risk.

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Quote from: GreatArkansas on July 20, 2022, 08:15:42 PM

Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

It is because bitcoin’s price influences the whole crypto market. So if ever you trade with altcoins, there are high chances that you will fail in trading as bitcoin suddenly dump its price and affects most of the altcoins. That is why most of us would want to prioritize bitcoin trading not only because of its higher volume, but the amount of returns is obviously bigger than trading with altcoins.

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Altcoins will always rely on the situation of Bitcoin because as the king of all cryptocurrencies, it always dominates the market. That's the reason why most altcoins pump during the bullish season and dump along with the price of Bitcoin when the bearish situation occurs.

This has always been the matter.

The market is being led by bitcoin and all of the cryptos are going on where it goes. That's why, most of the alts are also going down when bitcoin is down.

And if they haven't seen it yet, during the bull run, it's like the most profitable days as bitcoin moves up then many of the altcoins are also moving up together with bitcoin.

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But that doesn't mean that altcoins that follow the movement of Bitcoin are all reliable. You still have to be wise in choosing. The legitimacy of coins that we're investing in always matters because even scam projects go along with the value of Bitcoin.

True, because some of them go inversely.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

It's because Crypto prices follow a very foolish phenomenon where people or maybe the big traders see BTC as the barometer of the market which means if BTC is bullish rest everything will be bullish and you'll be in a bull run but if BTC is bearish everything will become bearish and you'll be in a bear run. I somehow feel it's because of the great BTC dominance as it still has 40% of the market cap of the total market but it still pretty foolish of all of us to know this and still believe in this.

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Quote from: Vaculin on September 21, 2022, 04:52:26 PM

Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

Because all the coins in the crypto market are just dependent on whatever the price of bitcoin will be. Bitcoin is the driving factor in crypto, so whatever it’s price will create a huge impact on the rest of the coins. If bitcoin is bullish, most likely the whole market will be lively and bullish too. Same goes when bitcoin is bearish, the whole market will sympathize and end up being low priced too.

Altcoins will always rely on the situation of Bitcoin because as the king of all cryptocurrencies, it always dominates the market. That's the reason why most altcoins pump during the bullish season and dump along with the price of Bitcoin when the bearish situation occurs. But that doesn't mean that altcoins that follow the movement of Bitcoin are all reliable. You still have to be wise in choosing. The legitimacy of coins that we're investing in always matters because even scam projects go along with the value of Bitcoin.

It would always be on that way and just like been said that Bitcoin is the main coin which the market would really be following.If it crashes or decline its price then it would really be dragging along all of altcoins in the

market which would really make the entire market looks red or bloody.This is the common scenario which do really happens on this market and this is why you should really know on how to play along if you are

really having the plans on making profits out of it but of course it does always accompanies with risk on every decision that you would make.
Expect the unexpected as always.

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Quote from: Oceat on September 21, 2022, 01:43:35 PM

Quote from: maydna on September 21, 2022, 01:22:04 PM

~snip~

Doing some proper research will help them to save the hassle later and I think it's more riskier to invest on altcoins than on Bitcoin. For some reason Bitcoin has a cycle when it's time to bull run or bear we will know but somehow there are no signs or pattern that would save us if a certain altcoin would pump or dump but it's certain that they would dump eventually. That's why I think it's riskier to invest on altcoins but because of their unexpected movement somehow most of these coins wouldn't follow the lead of Bitcoin despite of the market situation.

In addition, altcoins follow where bitcoin moves, so that is a hassle for us in choosing the right altcoin. And even though we can invest in the right altcoin, that doesn't guarantee that the altcoin will move on its own because the altcoin still follows the movement of bitcoin. Instead of taking the risk of investing in altcoins, maybe we can choose bitcoin as the main investment so that we don't take too big risks in investing in crypto. Investing in altcoins is only for people who can accept the deep downside risks that often occur in altcoins. So choose an investment that suits you.

Quote from: lalabotax on September 21, 2022, 04:16:17 PM

Quote from: maydna on September 21, 2022, 01:22:04 PM

~snip~

Yes, however, be careful because it is sometimes tricky, where we think that the coins are worthy and potential for long-term investment to prepare for the bullish era, but unfortunately, the coins may be rug pull and others. That is why this needs certain analysis to the coins to take, at least we have tried to pick the right one. However, we must also do some diversification to avoid being lost at all in one coin.

By remaining careful, we can determine what coins we want to invest in and the analysis we do. It will also help us find good coins to invest. You can diversify if you can accept the risk of having trouble managing your investments. But if not, better not do it because it will be better for you.

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In addition to what was mentioned by members about the role of bitcoin, I believe that arbitrage bots play a big role in standardizing prices between different exchanges, these bots look for price differences in coins between all the different exchanges and when it find a price difference it immediately buy automatically from the exchange Which has a lower price and sell in the exchange that has a higher price, and thus through this arbitrage, the price gaps are filled.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

Because all the coins in the crypto market are just dependent on whatever the price of bitcoin will be. Bitcoin is the driving factor in crypto, so whatever it’s price will create a huge impact on the rest of the coins. If bitcoin is bullish, most likely the whole market will be lively and bullish too. Same goes when bitcoin is bearish, the whole market will sympathize and end up being low priced too.

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The simple thing is because this time is a bearish time when the market is experiencing crashes. The major factor is that the crypto market always follows Bitcoin. Once Bitcoin is dropped, all altcoins mostly will also drop. The dominance of Bitcoin cannot be ignored. Moreover, we know also that Bitcoin will always have a cycle of the bearish and bullish eras. So, this is simply happening.

Quote from: maydna on September 21, 2022, 01:22:04 PM

We know that the movement of altcoins will be influenced by the movement of bitcoin and wherever bitcoin moves, altcoins will be behind it. But don't worry because, at this time, we are still allowed to buy potential altcoins that can increase later so that if we use this moment to buy, we can hope to get big profits later. But still be careful because there will be news that will invite us to buy certain coins, and do not immediately follow the news but look for other information so that the news does not deceive us.

Yes, however, be careful because it is sometimes tricky, where we think that the coins are worthy and potential for long-term investment to prepare for the bullish era, but unfortunately, the coins may be rug pull and others. That is why this needs certain analysis to the coins to take, at least we have tried to pick the right one. However, we must also do some diversification to avoid being lost at all in one coin.

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Quote from: Oceat on September 21, 2022, 01:43:35 PM

Quote from: maydna on September 21, 2022, 01:22:04 PM

Quote from: kesmex on September 21, 2022, 09:41:48 AM

It can be said that altcoins are still dependent on the movement of Bitcoin,
indeed not all altcoins are like that but basically there is nothing to worry about,
Besides that, the current condition seems to be affecting

We know that the movement of altcoins will be influenced by the movement of bitcoin and wherever bitcoin moves, altcoins will be behind it. But don't worry because, at this time, we are still allowed to buy potential altcoins that can increase later so that if we use this moment to buy, we can hope to get big profits later. But still be careful because there will be news that will invite us to buy certain coins, and do not immediately follow the news but look for other information so that the news does not deceive us.

Doing some proper research will help them to save the hassle later and I think it's more riskier to invest on altcoins than on Bitcoin. For some reason Bitcoin has a cycle when it's time to bull run or bear we will know but somehow there are no signs or pattern that would save us if a certain altcoin would pump or dump but it's certain that they would dump eventually. That's why I think it's riskier to invest on altcoins but because of their unexpected movement somehow most of these coins wouldn't follow the lead of Bitcoin despite of the market situation.

If you are someone doesnt love on taking risk then it would be better on sticking on investing on Bitcoin which it might not really be that giving out assurance but you know that the potential is really there.
Speaking about trend then it would really be that expected that Bitcoin would be the main trend setting because if this one do runs on a bearish state then expect that majority of altcoins will really be following.
Although, there might be some coins which could really go on opposite direction, thats why its really that totally unpredictable as we do all know.Making up some research is always been recommendable.
You cant really just make out some buying entry points on random manner because thats just basically gambling on the first place.

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Quote from: maydna on September 21, 2022, 01:22:04 PM

Quote from: kesmex on September 21, 2022, 09:41:48 AM

It can be said that altcoins are still dependent on the movement of Bitcoin,
indeed not all altcoins are like that but basically there is nothing to worry about,
Besides that, the current condition seems to be affecting

We know that the movement of altcoins will be influenced by the movement of bitcoin and wherever bitcoin moves, altcoins will be behind it. But don't worry because, at this time, we are still allowed to buy potential altcoins that can increase later so that if we use this moment to buy, we can hope to get big profits later. But still be careful because there will be news that will invite us to buy certain coins, and do not immediately follow the news but look for other information so that the news does not deceive us.

Doing some proper research will help them to save the hassle later and I think it's more riskier to invest on altcoins than on Bitcoin. For some reason Bitcoin has a cycle when it's time to bull run or bear we will know but somehow there are no signs or pattern that would save us if a certain altcoin would pump or dump but it's certain that they would dump eventually. That's why I think it's riskier to invest on altcoins but because of their unexpected movement somehow most of these coins wouldn't follow the lead of Bitcoin despite of the market situation.

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Quote from: kesmex on September 21, 2022, 09:41:48 AM

It can be said that altcoins are still dependent on the movement of Bitcoin,
indeed not all altcoins are like that but basically there is nothing to worry about,
Besides that, the current condition seems to be affecting

We know that the movement of altcoins will be influenced by the movement of bitcoin and wherever bitcoin moves, altcoins will be behind it. But don't worry because, at this time, we are still allowed to buy potential altcoins that can increase later so that if we use this moment to buy, we can hope to get big profits later. But still be careful because there will be news that will invite us to buy certain coins, and do not immediately follow the news but look for other information so that the news does not deceive us.

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Quote from: palle11 on September 20, 2022, 08:34:20 AM

Quote from: Flexystar on September 20, 2022, 06:42:08 AM

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.

The trading volume of bitcoin do determine what happens in other coins and this is why the fall of activities or price in bitcoin bring same drop in most coins except few coins pumping by the group. What happens is that during the halving you see bitcoin investment increasing higher and the spillover is felt in altcoins investment, so all the coins go in green but when bitcoin drops, the same thing happens.

It can be said that altcoins are still dependent on the movement of Bitcoin,
indeed not all altcoins are like that but basically there is nothing to worry about,
Besides that, the current condition seems to be affecting

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Quote from: Flexystar on September 20, 2022, 06:42:08 AM

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.

Yeah true, bitcoin has that kind of power and people are aware of it, I am not saying that it will always be like this but at the same time it is going to be easy to predict where alts will go when bitcoin moves.

There is this whole concept of bitcoin is being crypto, and yes there are thousands of other alts but we have nearly all of them combined being equal to just bitcoin itself, not yet but quite close, that is why all others do not matter that much, they move according to bitcoin and we should be watching just bitcoin alone to understand where the money is going. That's going to be pretty easy to calculate and invest accordingly for sure, if you just check one coin and its chart.

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Quote from: Flexystar on September 20, 2022, 06:42:08 AM

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.

The trading volume of bitcoin do determine what happens in other coins and this is why the fall of activities or price in bitcoin bring same drop in most coins except few coins pumping by the group. What happens is that during the halving you see bitcoin investment increasing higher and the spillover is felt in altcoins investment, so all the coins go in green but when bitcoin drops, the same thing happens.

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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.

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Quote from: n0ne on September 19, 2022, 06:45:41 PM

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

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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.

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Quote from: Munir575 on September 19, 2022, 09:19:41 AM

Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

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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.

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Quote from: Leebabe on September 19, 2022, 04:26:01 PM

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.

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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

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

Quote from: GatotKaca on August 04, 2022, 08:26:13 AM

Quote from: Digital_Lord on August 04, 2022, 08:17:28 AM

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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.

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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.

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Quote from: GatotKaca on August 04, 2022, 08:26:13 AM

Quote from: Digital_Lord on August 04, 2022, 08:17:28 AM

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.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

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Quote from: Digital_Lord on August 04, 2022, 08:17:28 AM

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.

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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.

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Quote from: LUCKMCFLY on July 31, 2022, 11:26:07 PM

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.

LUCKMCFLY

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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.

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Quote from: Hamphser on July 20, 2022, 06:46:40 PM

Quote from: Findingnemo on July 20, 2022, 01:52:46 PM

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.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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.

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Quote from: Findingnemo on July 20, 2022, 01:52:46 PM

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.

Findingnemo

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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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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

All matters most of the time with the price of BTC which if its on downtrend then expect that majority of coins in the market will definitely be doing on the same thing which is to go down
even though there might be some coins which would really be opposing into different side but majority will really be following on the trend and you should really get used to that since not all would
really be going opposite specially if the fear and greed will really be that high on specific trend.So instead puzzling and stressing yourself into these kind of times then its better
to mind off yourself on determining and making actions according on what you are seeing.

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Quote from: Jawhead999 on July 17, 2022, 03:55:42 AM

Quote from: |MINER| on July 16, 2022, 03:03:14 PM

Whole thing depends on the market condition of cryptocurrencies. And If you look at bitcoin , when it's going to down then most of the currencies also turning to downing. When a cryptocurrency gets hit badly, the price of Bitcoin starts to fall, and all alt-coins around it start to fall. It because of the dominance of bitcoin in cryptocurrency world. And so now during the bearish season Bitcoin prices have fallen and all other coins have fallen in parallel.

Not really, what you mean about market condition is good and bad news. Good news doesn't always make Bitcoin price increase, same applies bad news doesn't always make Bitcoin price decrease. But in short term, it will effect the price since there's still many newbie and weak hand people. Just like now, there's many bad news around when Bitcoin price already go down 70% from the previous ATH, but it doesn't make Bitcoin price continue to decrease.

Acccording to my understand, there are many things that causes the dump in price ^{(it could be bad news, mining difficulty, 4years cycle, level of demand and supply)}of the Bitcoin market, and it's not every time that the altcoin follows the market trend of Bitcoin^{(this always happen when it altcoin season and it will happen soon)}. However, the current dump in the market is due to the 4year cycles and every negative news create now is just to cause panic and to shake off the weak hands.

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Quote from: |MINER| on July 16, 2022, 03:03:14 PM

Whole thing depends on the market condition of cryptocurrencies. And If you look at bitcoin , when it's going to down then most of the currencies also turning to downing. When a cryptocurrency gets hit badly, the price of Bitcoin starts to fall, and all alt-coins around it start to fall. It because of the dominance of bitcoin in cryptocurrency world. And so now during the bearish season Bitcoin prices have fallen and all other coins have fallen in parallel.

Not really, what you mean about market condition is good and bad news. Good news doesn't always make Bitcoin price increase, same applies bad news doesn't always make Bitcoin price decrease. But in short term, it will effect the price since there's still many newbie and weak hand people. Just like now, there's many bad news around when Bitcoin price already go down 70% from the previous ATH, but it doesn't make Bitcoin price continue to decrease.

|MINER|

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

Whole thing depends on the market condition of cryptocurrencies. And If you look at bitcoin , when it's going to down then most of the currencies also turning to downing. When a cryptocurrency gets hit badly, the price of Bitcoin starts to fall, and all alt-coins around it start to fall. It because of the dominance of bitcoin in cryptocurrency world. And so now during the bearish season Bitcoin prices have fallen and all other coins have fallen in parallel.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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 what you call market risk in the crypto market and it determines most of the prices changes. It doesn't really matter which exchange you look at because they are all connected, there can't be two different prices for one crypto coin on different exchanges. If that was the case traders could just buy the coin on one exchange and sell it on other to make a free profit. The market risk is also what makes most stock prices move. Stocks are highly correlated to each other, like crypto currencies. If blue chip stocks drop, so will also the small cap companies. In the crypto world we can see that when the bitcoin is falling then all the alt coins are also falling.

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You could ask the same question in regards to stocks or even Forex pairs. There is certainly a probability factor involved, but it depends on what market environment you're in. If in a bull market traders/investors will generally have a more generous "hand" in handling investments. They are more greedy and feel more confident in themselves.

Here is an example of a trader's thinking In a bull market: "Hey, my coin surged 10%, but there are multiple coins in top 50 market cap that didn't but look like they are ready to go, so why not take some profit here and buy some of those."

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They follow a general trend and Bitcoin stands as the one that pretty much they follow since it's still the top coin to choose (and would probably stay as one). Besides, the general sentiment on one part of the market would usually influence the other parts, so Bitcoin being down also inevitably brings up a negative sentiment (for the most part) in the altcoin department. Not to say that altcoins don't have their own market, the pumps and dumps still vary from coin to coin but most of the time it's infested with whales manipulating the amount a market would dump or pump.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

Its simply because of panic selling, when a trader see red on the chart he will try to pull out which initiates the chain reaction so everyone follows and also happens to all the coins at the same time so basically emotions playing a big role with the price drop as well as for the rise.

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You probably weren't there when stablecoins were not yet popular, the base asset for most trading pairs was mostly Bitcoin and then Ether later.
And even today those pairs and present in almost all exchanges.

Bitcoin having a big dominance in the market, anything that happens to its price means all the other assets prices will also react accordingly.

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The logic is that when money leaves crypto it leaves crypto as a whole, when crypto gets a lot of money it gets it all together. Plus most coins are tied to bitcoin pairs, which means that when bitcoin goes up, and the pair stays the same, then the price of it stays the same. Think about it this way, if one bitcoin is 20k dollars, and there is a pair like btc-xyz and that xyz equals to one bitcoin, then one xyz is also 20k dollars as well.

When one bitcoin becomes 50k but xyz is still one bitcoin, then xyz will become 50k as well. This is how the market goes up and down all together, the altcoins that are tied to bitcoin will go up and down when bitcoin price goes up and down.

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This is no different than stocks. Generally there are days when every single stock is up or every single stock is down. That is the most common. Sometimes there are choppy days with little change and some stocks are green and some are red.

The point is that most traders follow the same trend. If everybody is dumping crypto, then most cryptos will dump. Alts usually dump more than BTC or ETH. You want to look at ratio pairs with /BTC pairs if you want to see strength relative to Bitcoin and not fiat.

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Commonly, it is because altcoins are following the Bitcoin market itself. We know how dominant Bitcoin price is right but in the crypto market.
The sentimental of the Altcoin price that is following Bitcoin always become also the main reasons why the altcoins are dropped enough.
Additionally, when Bitcoin is dropping, most people also panic enough and then sell out their tokens or coins. That is why the price also keeps

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The market is built on manipulations. The whale and VCs has control over the market then many of us actually think they do. They decide when the market pumps or dump due to the large funds available to them and their stakes in the large exchanges that dominate the volume in the exchange business. There has been a theory that this Whales, VCs etc has a hand in every coins that get to be ranked high in the industry as such profit massively and if you dig deeper, the evidence are there.

That been said, the industry is heavily correlation and moves in similar directions. Bitcoin is the standard unit of measurement in the industry as whatever direction it goes altcoins naturally follow, altcoins are heavily been paired with Bitcoin for trading and Bitcoin currently controls over 40% dominance of the market. That means the Whales, exchanges just have to paint a scenario then the whole market follows, exchanges also has the bots trades helping them in painting this scenario of market been bought up or sell pressure incoming which trigger days traders to make similar trades and puts the whole market in one direction.

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There are many factors that could cause it, but the most important of them all is being able to recognise that bitcoin is the driver of the market.
Some people involve in alts to raise money to buy btc and that's why small thing the alts will crash and when they start investing in btc, btc will start rising and another run into alts believe btc will drive it again...lol

Just demand and supply and they have one driver which is btc

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

It is nowhere near as odd as it may seem, sometimes when a big and influential company releases their report and it is bad this can be more than enough for the stock market to have a bad day, now imagine if that the company behind such stock was so powerful that it was roughly half of the whole stock market, it had massive credibility and the rest of the companies were always trying to copy everything it does, do not you think the stock market will move according to the movements of that single company? And the answer is yes, which explains why most coins move in the same direction bitcoin moves most of the time.

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Quote from: mk4 on July 14, 2022, 01:53:21 AM

Sorry but, wtf is this??

You already mention BTC as Index but you didn’t knew who works for that?

Binance and other exchange has this kind of bot that automatically adjust the price on the orderbook that market maker set except those setup by individual ofc. These market makers provides most of the liquidity on CEX and it's not all from retail traders that's why you can see that order books price keeps updating every seconds.

This is same with altcoin sentiment, The orderbook adjust based on the current sentiment which creates a fake volume of buying and selling when there's a trend. Just like what you explain, BTC serves as an Index while market maker use that as reference for the movement.

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We can call it bot manipulation, and also solely depending on Bitcoin movement that is why most of currencies you see goes up when bitcoin goes up and as well drops when it goes down btw it could be called market factor at same time their prices are always the same in all the exchanges but could be varies by $1 or $5 differences between exchange A and B or D.

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It depends on the pair liquidity with btc and fiat. If the liquidity is higher against btc the coin/token has a chance to follow it better (arbitrage bots are likely to trade these to keep the prices close if it's profitible to do so - exchanges may do arbitrage themselves too but it's unlikely).

This also probably stays true for eth too as lots of people that buy bitcoin might buy eth so if the bitcoin market starts to drop then the eth market can follow just because people have invested in both and sold both at close enough intervals.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

How can the prices of 100s of cryptos all move in the same direction at the same time?

Don't bother yourself to imagine that as it was impossible. Have in mind that nobody has ever taken control of the market which is why you can't and never say they all go in the same direction at the same time. If that will happens, we are going to say that the market lies on one hand, in fact, traders and whales could somehow affect the market trend and change its direction.

I would agree to have the same direction and that is because of the influence of Bitcoin on the market, however, this will never connect to see them it drops at the same - that kinda be a big coincidence.

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

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?

The simple term is pairs or pairing in trades.
Just like what we see in the foreign exchanges, many of them have the USD in the majority and the same goes for most countries' economies. If USD moves higher this time, you see that other countries' exchange rate for their USD is also increasing but their local currency is getting weaker.
The same goes for the crypto, the bitcoin, and the altcoin market. Most of the time it is correlated but there are times that it is indirectly related. The majority of the exchanges have the pair for bitcoin and Ethereum and that's why they're moving altogether.

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Many conditions to trigger the market moving upward or downward

Crypto market is only a component of a bigger thing, a whole globalized world with more markets (stock, real estate, energy, etc.) that can be affected by politics, geo-political conflict, crisis, energy crisis, war, etc.
If a whole world is in trouble from pandemic, war, recession, crypto market will be affected in particular
Inside crypto market, Bitcoin is a leader of the trend. If Bitcoin has a bull run, a crypto market will follow it and vice versa.
There are always exceptions that barely move oppositely with a general trend like in past few weeks we are witnessing pumps of low-cap, shit coins.

_act_

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Quote from: Mark301 on July 14, 2022, 01:24:50 AM

How can the prices of 100s of cryptos all move in the same direction at the same time?

Because traders more buy at the same time irrespective of the coin, because traders sell at the same time irrespective of the coin also.

For holding, after bitcoin halving, people fomo and holders buy more during the periods and sell more during the bear time periods.

The price is mostly controlled by bitcoin price, do not get me wrong, I mean when people are buying bitcoin, they are buying altcoins too, when they are selling bitcoin, they are selling altcoins too. That is crypto market and that is the reason.

Quote from: mk4 on July 14, 2022, 01:53:21 AM

Mostly because bitcoin (BTC) still acts as sort of the "index" of the cryptocurrency space (just like the SPY with stocks), and that BTC trading pairs have the most trading volume and market liquidity.

This is how it will always be, that is how cryptocurrencies are, following the same trends, but percentage rise or fall always differs.

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Mostly because bitcoin (BTC) still acts as sort of the "index" of the cryptocurrency space (just like the SPY with stocks), and that BTC trading pairs have the most trading volume and market liquidity.

Like it or not this is not going to change any time soon. BTC is still the non-stablecoin coin that has the least risk, hence why it's mostly down less compared to other alts when in bear markets.

Quote from: ?? on ??

Because of exchange bot trader. The bot determines if the sentiment of the market and reduce the order that they set in accordance to the sentiment. That’s why most of coins move on the same direction except for those token that has an active trading activities against the trend like when the project has big announcements or exchange listing which gives the sentiment signal to the bot.

Market makers on exchange is made bot and only few of them is from traders.

Sorry but, wtf is this??

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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?

Topic: How can all (or most) cryptocurrencies rise and fall at the same time? (Read 628 times)