we can't avoid it, because indeed the price of Bitcoin is the determinant of all altcoins,
even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season
Topic: Is Altcoins Follow BTC Rally? (Read 2053 times)
It must be admitted that the influence of bitcoin is very dominant in determining the direction of the market, investors always make Bitcoin size whether the market red or green, of course not all altcoins follow the Bitcoin trend and as happened this week when the price of bitcoin drops more than 5% but XRP can rise more from 55%.
The whole market will follow BTC, however only big alts worth attention
yes, that's how it is, but sometimes the big altcoins don't follow the btc rally either, because of course it depends on buying, and also selling, if for example there are less purchases then the altcoin will not follow the btc rally. because after all, the ups and downs of crypto depend on buying and selling.
see yesterday after the Ethereum merge was completed and Cardano will also have a good news hard fork of course these two coins should have increased,
but unfortunately after the FOMC the price of Bitcoin dumped up to $18k and made these two coins also dump,
if you want to invest in altcoins that do not follow the price of Bitcoin then it is better to invest in stable coins
The whole market will follow BTC, however only big alts worth attention
yes, that's how it is, but sometimes the big altcoins don't follow the btc rally either, because of course it depends on buying, and also selling, if for example there are less purchases then the altcoin will not follow the btc rally. because after all, the ups and downs of crypto depend on buying and selling.
Altcoins follow where bitcoin is moving, and we will see that in market price movements. Bitcoin is at the heart of all altcoins, and it has been since the very beginning and I even think it will continue to happen in the future.
We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.
Most but not all, most of the times these meme shitcoins do tend to go higher when Bitcoin is dipping and they go deeper when Bitcoin is mooning. I think this wasn't the case on all instances, there are times when altcoins do lag behind when most smart money are pouring into Bitcoin. We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.
BTC has always been the standard of market performance, if Bitcoin rises then Altcoins also rises or vice versa, this is difficult to replace because investors always make Bitcoin for assets, even though Marketcap and Daily Trading are getting smaller but I'm sure Bitcoin will always be standard and market size whether red or green.
And most of the pairs in the market are with bitcoin and it's everywhere. That's why whenever bitcoin pumps, the alts are also doing the same manner.This is hard to replace and even people think that it's likely that the motion of bitcoin will be changed and alts won't follow it at the right time, they're wrong on that assumption.
Because the fact is that bitcoin will always be the king and alts are just minions on this market.
Investors take signals from the Bitcoin movement because it always dominates the market including the prices of altcoins. No other coin could dominate the market as Bitcoin does because it's the most preferred asset of most investors. They depend on its price every time they decide to accumulate altcoins.
the movement of altcoins is still dependent on Bitcoin and that is nothing new,
it's only a matter of time to see the Bitcoin price rise again
Altcoins follow where bitcoin is moving, and we will see that in market price movements. Bitcoin is at the heart of all altcoins, and it has been since the very beginning and I even think it will continue to happen in the future.
We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.
We see what is happening now in the market, when bitcoin is green then altcoins are the same, and vice versa if bitcoin is red, we will see altcoins as well. Here we can see that the most influential asset in this cryptocurrency space is bitcoin. If we want to see trends in the market, we only need to look at bitcoin.
Since the rise of Cryptocurrencies almost a decade ago,
almost a decade? lol Bitcoin existence stands to almost 13 years now and that is almost but more than a decade.we can't avoid it, because indeed the price of Bitcoin is the determinant of all altcoins,
even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season
well, if you happen to be here in 2018? then you'll change your mind about that as the altcoin season rich its top those days.even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season
we can't avoid it, because indeed the price of Bitcoin is the determinant of all altcoins,
even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season
During the altcoin season there will be variation in the growth between bitcoin and altcoins. The market changes that happened today is more than enough to explain that altcoins follow the market trend of bitcoin. Morning there is a drop and the entire market is marked red and now there is progress with bitcoin and the entire market have turned green. even Ethereum, Cardano, Solana also follow the price of Bitcoin, when bitcoin drops like today,
then watch!, you will know the answer! yes! all the altcoins today are also dumps,
of course this will still happen if the altcoins are not in season
If we want to see the market conditions then just look at the price of Bitcoin, this has been going on for a long time because Altcoins always follow the trends that occur with Bitcoin, maybe there is Altcoin that can go against the flow but I'm sure it will not happen for a long time.
What do you think about stablecoins? I think stablecoins move against Bitcoin. I often see the prices of stablecoins increasing whenever the price of Bitcoin is decreasing. People often move their assets to stablecoins once the Bitcoin price drops. So, in this matter, it is untrue that the price of altcoins always follows the Bitcoin trend. In fact, there is altcoins (stable coins), that don't follow the Bitcoin trend.
Does anyone invest in stablecoins? do you invest in them for profit? Definitely not, right?. In my opinion, stable coins do not count in this case, since we are talking about non-bitcoin but potentially profitable coins.
The market leader is still bitcoin, and if bitcoin does not rise, all altcoins will not rise either, or vice versa. Investing in altcoins just looking at the volatility of bitcoin is enough, no need to run after too many other coins
Altcoin and btc are two different platform so altcoin are not follow btc but some cases some altcoin are follow .
altcoin are very profitable but if you want any new altcoin so first check the roadmap and all important thing check there community and there team work .
altcoin are very profitable but if you want any new altcoin so first check the roadmap and all important thing check there community and there team work .
The presence of a stable coin makes the position of Bitcoin decreases, even the largest daily transaction volume at this time is stable coins, although the influence of Bitcoin continues to decline but we must admit that it still has an impact on the market, it is proven that the price of BTC is down, it is certain that it will be followed by Altcoins.
BTC has always been the standard of market performance, if Bitcoin rises then Altcoins also rises or vice versa, this is difficult to replace because investors always make Bitcoin for assets, even though Marketcap and Daily Trading are getting smaller but I'm sure Bitcoin will always be standard and market size whether red or green.
And most of the pairs in the market are with bitcoin and it's everywhere. That's why whenever bitcoin pumps, the alts are also doing the same manner.This is hard to replace and even people think that it's likely that the motion of bitcoin will be changed and alts won't follow it at the right time, they're wrong on that assumption.
Because the fact is that bitcoin will always be the king and alts are just minions on this market.
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
If I think about the correlation between Bitcoin and Altcoins, you also know that between them both Bitcoin and Altcoins, the movements are sometimes compatible, or even opposite. An example occurred in mid-May this year, where the price of Bitcoin and Altcoin collapsed simultaneously, but their relationship was HTS, aka a relationship without status.
So overall, one can see Bitcoin as a less risky and more certain investment option. Meanwhile, most new altcoins are usually very risky, especially when their market cap is low. However, in most market situations, the price of Altcoins can be closely related to the price of Bitcoin. Altcoins often follow Bitcoin price movements with slight to large differences.
If we want to see the market conditions then just look at the price of Bitcoin, this has been going on for a long time because Altcoins always follow the trends that occur with Bitcoin, maybe there is Altcoin that can go against the flow but I'm sure it will not happen for a long time.
What do you think about stablecoins? I think stablecoins move against Bitcoin. I often see the prices of stablecoins increasing whenever the price of Bitcoin is decreasing. People often move their assets to stablecoins once the Bitcoin price drops. So, in this matter, it is untrue that the price of altcoins always follows the Bitcoin trend. In fact, there is altcoins (stable coins), that don't follow the Bitcoin trend.
Since the rise of Cryptocurrencies almost a decade ago, Bitcoin has been at the forefront of the movement and it seems like. I think It's hard to find a clear answer as to why Alts follow BTC prices. We know that it does happen, and we also know that it can be affected by a number of different factors. For example, there is some evidence to suggest that Altcoin prices may drop before Bitcoin prices fall. After Bitcoin fell, other cryptocurrency markets followed suit and fell as well.
indeed most of the time when bitcoin goes up altcoins also go up but there are also altcoins that are slow to follow the price increase, and that's because it depends on the person who buys the altcoin, if those who buy a lot of the price will be high, if those who buy it don't, it will be too late to go up. I think it depends on the purchase.
Yeah, the market varies based on the volume being traded. This situation is being felt at present. The price of bitcoin have grown by 3.3% whereas the ethereum have fallen by 2% which isn't a big change. It is something based on the variation between the buying. Now more people could've moved from altcoins towards bitcoin which seems like the reason for the growth of bitcoin and decline with altcoins. 
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
If the Bitcoin chart turns green, then Alt also turns green. And it has a very correlation relationship with Alt. We know the owners of the Alt project have Bitcoin reserves to pump their coins at any time.Apart from that, the Alt to BTC sell order will also bring changes to the chart.
For example ETH/BTC if the Bitcoin price increases and the chart turns green, the ETH chart will automatically turn green, even though the order value remains the same.
domination. It can be explained as follows: In some cases, people feel at risk and go to the safe place bitcoin. It doesn't matter if it's rising or falling, this increases the dominance of bitcoin. As bitcoin dominance increases, money flows from altcoins to bitcoin, which means altcoins fall but bitcoin rises. In some cases, bitcoin doesn't change much. There is no risky situation. People prefer to buy altcoins over bitcoin, which means dominance drops. Thus, the altcoin price rises.
I have a different view from you, where what is said to be dominance is that everything can be arranged and follow its movements, for example bitcoin, altcoins always follow the movement of bitcoin both down and up, this is because the dominance of BTC is very high and has a very important role with market changes, the most important thing to remember is investing in crypto is something that is very risky and there is no safe point there, because we will never know what will happen in the crypto world in the, but when viewed from the popularity BTC and some altcoins, have a very bright future, because their popularity from time to time is getting higher and more and more in demand by everyone for investment because it can provide profits.
domination. It can be explained as follows: In some cases, people feel at risk and go to the safe place bitcoin. It doesn't matter if it's rising or falling, this increases the dominance of bitcoin. As bitcoin dominance increases, money flows from altcoins to bitcoin, which means altcoins fall but bitcoin rises. In some cases, bitcoin doesn't change much. There is no risky situation. People prefer to buy altcoins over bitcoin, which means dominance drops. Thus, the altcoin price rises.
it is certain that all altcoins follow the growth of bitcoin, because bitcoin is the main foundation of the crypto market and is an investment that is prioritized by every people, this can be seen clearly when BTC has increased altcoins also have increased and vice versa, and I think bitcoin is creator of the cryptocurrency market so it is not surprising that bitcoin can dominate the entire existing market.
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