Topic: only the price of Bitcoin is increasing? (Read 1740 times)
Yes only the price of bitcoin is increasing it's meant to be so because whenever the king of the cryptocurrency market rise all other altcoins must bow to his tune, it's not surprising anymore as lots of investors are holding more bitcoin than altcoins, there by selling altcoins for bitcoin
It seems to me that all Bitcoin supporters should unite in their understanding of What is Bitcoin and why it is needed and only then can it be consolidated in the right decisions and the promotion of cryptocurrency in the future. Despite the fact that some consider Bitcoin as a means to deposit their funds with a limited amount, such as gold, while others treat Bitcoin as a means of payment, Well, users of cryptocurrency are trying to earn big money using Bitcoin, and no one thinks about the future. If this situation is changed, then Bitcoin will be appreciated at its true worth and its price will really go up.
Many analysts today predict a further rise in prices for Bitcoin, because many news have a beneficial effect on this and therefore it can be seen that Bitcoin sales are declining, which means that the owners of this coin leave Bitcoin in their wallets until better times.
anyway, we can now observe a certain growth in the cryptocurrency market. If you pay attention to the course Bitcoin, this coin broke the line of 9000 dollars Without any problems. As Bitcoin is the leader of the cryptocurrency market and greatly influences the pricing of other cryptocurrencies, now we must first wait for stability in Bitcoin pricing.
Actually, I do not see a recovery in the cryptocurrency market. Indicators of Bitcoin and other coins that are in the ranking are improving, and all other cryptocurrencies only show cons.
for now we just need to wait. Bitcoin price increases since the beginning of the year from $ 4000 to current prices are really very high. Too bad that doesn't affect the prices of other altcoins. this might happen because of the sudden increase and news that only benefits bitcoin. we just need to wait until the time for the altcoin to grow. in fact, not price of bitcoin alone has increased in yesterday's bull run, ethereum, litecoin, bitcoin cash and binance coin also follow the movement of bitcoin all coins can go up 2 x from the previous price
Bitcoin was known as the leading asset in crypto curriencies and recently it tend to pump up immensely profitable that shown huge potential to recover fastly. Some altcoins has started to follow the trend of bitcoin, lets just optimist and positive that its growth will continue to exceed bounteously. in fact, not price of bitcoin alone has increased in yesterday's bull run, ethereum, litecoin, bitcoin cash and binance coin also follow the movement of bitcoin all coins can go up 2 x from the previous price
I agree with your views, several altcoins are on uptrend like litecoin which having its second halving this coming August. The bnb coin has already reached several all-time highs and will further reach more in the coming days. Newly listed coins like ONE and Matic are also made several gains in the last few days so I believe that many altcoins are also gaining. Majority of the users seem to be focused only on bitcoin uptrend and they did not notice that several altcoins are also going up.
in fact, not price of bitcoin alone has increased in yesterday's bull run, ethereum, litecoin, bitcoin cash and binance coin also follow the movement of bitcoin all coins can go up 2 x from the previous price
Actually, I do not see a recovery in the cryptocurrency market. Indicators of Bitcoin and other coins that are in the ranking are improving, and all other cryptocurrencies only show cons.
Bitcoin is leading the market in terms of uncorrelated assets and some alternatives have seen moderate appreciation over the past few weeks, but most top ranked assets are still underperforming relative to the increasing potential and growing interest from retail and institutional investors
Yes right, I see only the price of bitcoin has increased significantly, and when Bitcoin rises almost all altcoins go down, so the current altcoin price depends on the price of bitcoin
to date, the price of bitcoin has exceeded the price of $ 9,000, and the altcoin hasn't shown any progress. even the price of ETH hasn't broken the price of $ 300. but, I think it's only a matter of time. I am sure, the development of the altcoin price will be seen after the price of bitcoin rises to the price of $ 10,000 or more.
The market is bullish now. Bitcoin is getting me so excited. I hope it stays that way cos my alts are doing well. 
I think that soon Bitcoin will provoke the growth of altcoins. Unlike Btc, for the growth of altcoins, projects must release updates every time. The team must constantly work on the project. While Btc has long won first place. And because of the bear market, some of the projects just calmed down in anticipation of better times.
The time will come that altcoins will grow, and it will happen if bitcoin continues growing.
If you follow the trend in the past, you'll realize that it's the same or similar trend that is happening now.
The usual is, when bitcoin pump, altcoins will dump, and we've seen that in the overall performance of altcoins, but time
will come when bitcoin are heavily pumped, altcoins will be alive and will pump again.
not really, look at stratis! https://www.coingecko.com/en/coins/stratis
I think that soon Bitcoin will provoke the growth of altcoins. Unlike Btc, for the growth of altcoins, projects must release updates every time. The team must constantly work on the project. While Btc has long won first place. And because of the bear market, some of the projects just calmed down in anticipation of better times.
I think this have alot to do with the ban of US users from using binance. Many US investors are now cashing out from altcoin and migrating to bitcoin. Hence the increase of bitcoin
IMO it may affect slightly but not really that great to move the price of Bitcoin. Chinese know what they were doing if someone is likely to provoke on them then they may have to return the favor too. I don't know why the US made an exchange that is only for US citizens only it sounded like a racist to me.I think this have alot to do with the ban of US users from using binance. Many US investors are now cashing out from altcoin and migrating to bitcoin. Hence the increase of bitcoin
IMO it may affect slightly but not really that great to move the price of Bitcoin. Chinese know what they were doing if someone is likely to provoke on them then they may have to return the favor too. I don't know why the US made an exchange that is only for US citizens only it sounded like a racist to me. as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
It could be that when you make this thread at that time the volume in the market is not much demand for altcoins, so it does not follow the prices of rising bitcoins, maybe this is because investors buy bitcoin so there is a lack of demand for altcoins and bitcoin temporarily rises first.
More people started to support Bitcoin and some information about useless altcoins started to appear. It could also affect the price of the cryptocurrencies. Bitcoin is in great demand while tokens are losing popularity.
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?
It could be that when you make this thread at that time the volume in the market is not much demand for altcoins, so it does not follow the prices of rising bitcoins, maybe this is because investors buy bitcoin so there is a lack of demand for altcoins and bitcoin temporarily rises first.
More people started to support Bitcoin and some information about useless altcoins started to appear. It could also affect the price of the cryptocurrencies. Bitcoin is in great demand while tokens are losing popularity.
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