In my opinion, Bitcoin contribute to the rise and fall of alk child cryptocurrency but here comes a question."why do some altcoins fall even wen bitcoin and Ethereum are rising"? Because have seen this happen several times.
Can someone explain this?
Topic: why all coins are dropping? - page 56. (Read 221989 times)
All coins fall due to the falling price of bitcoin. In crypto, bitcoin is used as a benchmark for their development. Altcoins will always follow the direction of the bitcoin rate because here the bitcoin as the father of the crypto. While the bitcoin fell because of several factors that effect, one of which is the rise in sales and declining demand. Because of the imbalance it then causes bitcoin to fall and all altcoins also fall.
in my mind, Almost all the coins are linked or connected in Bitcoin and Ethereum because these two giant coin compilations pump and alter all Altcoin and pump and make them fall into the same path.This is because the exchange rate using Altcoin is via Bitcoin or Ethereum and not through any currency
Not all coins are dropping, in any market trading there is always the ups and downs depending on possible issues like, for instance; issues on regulations on Bitcoin, in which some government still not accepting Bitcoin or any other cryptocurrency, market react on any badnews or goodnews about cryptocurrency or Altcoins.
Price always fall when whales want to fill their bags...they like to buy cheap.
So, just hodl and outsmart them, unless you want to risk with daytrading
So, just hodl and outsmart them, unless you want to risk with daytrading
any body know the reason for current drop?
I think it's a minor correction as we all know bitcoin is the barometer of all altcoins a decrease of bitcoin price will surely affects all altcoins price. Just be patient this will be temporary and it will recover in few days.
It is normal for all the value of coins goes down and drop. But maybe one reason now why all coins are dropping because of the ban of cryptos in china and korea so maybe it is the major factor why it is dropping.
I think the price of other coins is kinda dependent on the price of the bitcoin in the market. Every fluctuations in the market price affects other coins. Price exchanges are factors that contribute to this volatility.
Bitcoin is the main pair to trade altcoins, when it falls the entire market.Now there is not enough money in the market, as well as people have become less interested in us after the fall of the market.
I think altcois are dropping because of bitcoins price now. Bitcoins value falls to 7600usd for some reasons. Altcoins depends on bitcoin through price exchange. I heard twitter has started banning cryptos.
In my opinion, all altcoin falls because BTC goes down, And everybody panics about the altcoin price, Maybe their thinking is better to sell now than there will be no price. That's where there is no enthusiast for alt coin, Because the number of sales prices will fall, And the number of purchases of coin prices will rise.
Of course, there is manipulation in the market. I think the stock market may be involved in the decline of the market. Now there is no new big consortium willing to enter the market immediately.
It is because of bitcoin price drop. The drop of btc will result to affect the altcoins. Btc is connected to altcoins in all matters when btc jump altcoins jump also.
It is a very delicate moment. Mainly it seems that the most important issue is the regulation and the policies that the different countries are carrying out towards the crypto coins. Everything helps to invest little and very quickly. However, I remain very confident and continue to hold the most important assets.
when coins are this volatile, and thus prone to rise or drop given any small news item or market fluctuation, one might need to redefine what it means to 'drop'. surely the minute to minute stuff counts. if you look at overall 5 year picture a very different definition of drop occurs - and yes it does but not right now.
Yes because China and South Korea want to arrange cryptomarket. This scared many investors and the price dropped. But that's pretty normal and you predict that the market will return to normal within the next few weeks. You should not let that baffle you. All you can do now is hold your coins. This is decreasing because you lose interest for it. The beginners did not buy it because of the price and the hard mining. It has not changed at all since it was created. Investors prefer coins that develop and become more advanced over time.
the market situation is declining it fair happened in every year. most likely a decrease in the price of crypto will occur until August and return to normal and increase until December.
For my own opinion ,I think because of the dumper ,Because their are many dumpers in the trading site and i think it is because of the currency of bitcoin . Because bitcoin is the mother of all crypto curreny and if the bitcoin price are drop in a lower price i think the price of all token and altcoin token are aslo derceasing because of the bitcoin of bitcoin are dropping in a low price .
any body know the reason for current drop?
Here in crypto market you usually don't know why there is always a sudden drop of price. Commonly this happen when Bitcoin drops. It do affect everything in cryptocurrency market. Price trend now a days drop deeply so we must expect all coins will be affected.
When bitcoin goes down, the value of alts go down as well when compared to fiat currencies since we are trading alts with BTC.
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