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Topic: why Altcoin prices are falling against Bitcoin price? (Read 20 times)

jr. member
Activity: 35
Merit: 1
I know Altseason won't start until February, but why almost all alt coin prices are falling against Bitcoin price in last few days??

Not almost all altcoins, usually the ones that experience a price drop when Bitcoin goes up are tokens that don't have strong fundamentals. You can see 7d% on Coinmarketcap for every major altcoin, they all experienced a price increase. Then, the current Bitcoin dominance is also very large, the ratio is 60:40, it is not surprising to see useless tokens experiencing a price drop.
Useless - yes. But I am talking about TAO and Jupiter ...
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
I know Altseason won't start until February, but why almost all alt coin prices are falling against Bitcoin price in last few days??
There are many altcoins that are increasing in price recently. But the problem is when they will fall. If you see some altcoins that do not increase in price right now as bitcoin is increasing, there are tens of thousands of coins while some may not be interesting for investment to investors for now. They may later be pumped. If some of them are not pumped, that is altcoins for you. Many of them are shit coins. Just gamble with them. Many of them that are significantly rising now may even still later fall and not get to all-time high again as usual.
full member
Activity: 119
Merit: 82
If you know, you know!
I know Altseason won't start until February, but why almost all alt coin prices are falling against Bitcoin price in last few days??

Not almost all altcoins, usually the ones that experience a price drop when Bitcoin goes up are tokens that don't have strong fundamentals. You can see 7d% on Coinmarketcap for every major altcoin, they all experienced a price increase. Then, the current Bitcoin dominance is also very large, the ratio is 60:40, it is not surprising to see useless tokens experiencing a price drop.
jr. member
Activity: 35
Merit: 1
I know Altseason won't start until February, but why almost all alt coin prices are falling against Bitcoin price in last few days??
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