BTC/ALTS Marriage

[syedrasool2011]

No bro not marriage if bitcoin marriage then they pump to gether but I think altcoin is son of bitcoin when bitcoin pump altcoins dump when bitcoin dump alts dump also last 2018 that time altcoins pump with bitcoin altcoins session is coming soon wait for it and hold your coins.

[nicecrypto]

No bro not marriage if bitcoin marriage then they pump to gether but I think altcoin is son of bitcoin when bitcoin pump altcoins dump when bitcoin dump alts dump also last 2018 that time altcoins pump with bitcoin altcoins session is coming soon wait for it and hold your coins.

Agreed that Bitcoin is the king of Cryptocurrencies and in some cases when Bitcoins pumps Altcoins pumps as well and some time Bitcoin goes it all alone before the Alts catch up and some time some news will make some other coins pump a bit because of a news on them like this tweet on BNB or Binance app making the price to pump a bit outside bitcoins influence.

https://twitter.com/Cointelegraph/status/1370299412837101568?s=20

[TomPluz]

Bitcoin and alts are not living in a vacuum therefore one can always affect the other and in this case many alts are actually following the lead and direction that BTC is tracking, though there can be some cases when this is not true but most of the time this is the reality we have to -- yes, accept. And there is nothing new here as this has been the case since time immemorial - or I mean since BTC and alts started their existence. And it can because investors with BTC can also be the same investors with alts.

[Power]

When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.

BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together Just accept that and trade accordingly.

Cheerup haha. So true, we just need to do our part. and let btc and alts do its job as well.

[Gurujebs]

Bitcoin is trade by anyone all over the world because its been trusted by hundreds and thousands across the globe. But that isn't applicable for altcoins. They are trade by the whales of the project especially when they are new.
There are instances when bitcoin pump but altcoins will remain in one place which is sometimes annoying.

[Senin]

When bitcoin pumps and altcoins ride with it, everyone's happy.
When bitcoin dumps and altcoins follow, everyone wants alts decoupling from btc.

BTC and ALTS are odd couples. Even if USDT (or other stable coins pegged with other assets) is knocking at alts door, they will remain together Just accept that and trade accordingly.

That is the Irony, but I do believe that situation should be able to be separated where all cryptos can move in their own space with little or no influence from Bitcoin but I very much doubt how possible or soon this can be because it seems bitcoin has had that grip on all crypto price movement in the market.

It will all be difficult to happen because Bitcoin is the king of crypto currency and Bitcoin is the most popular coin in cryptocurrency. Bitcoin price movements greatly affect the rise and fall of all Altcoins prices. If the Bitcoin price starts to go up, only a few Altcoins will go up, most Altcoins will go down. Because many investors invest in Bitcoin. Altcoins meanwhile was abandoned.

The fact that bitcoin is the king of cryptocurrency is something we invented ourselves. Agree, it is somehow abnormal to have a rigid price centralized dominance of bitcoin in the decentralized cryptocurrency market. Hopefully, over time, the market will mature and free itself from this dominance of Bitcoin.
For example, there is no such dominance in the stock market. There, general processes and events affect the price of shares, however, it is all the same, prices are formed freely depending on supply and demand for specific shares of individual companies. As a result, after a certain time, the same will happen with the formation of prices in the cryptocurrency market.

[Condorlaib]

The fact that bitcoin is the king of cryptocurrency is something we invented ourselves. Agree, it is somehow abnormal to have a rigid price centralized dominance of bitcoin in the decentralized cryptocurrency market. Hopefully, over time, the market will mature and free itself from this dominance of Bitcoin.
For example, there is no such dominance in the stock market. There, general processes and events affect the price of shares, however, it is all the same, prices are formed freely depending on supply and demand for specific shares of individual companies. As a result, after a certain time, the same will happen with the formation of prices in the cryptocurrency market.

if another cryptocurrency surpasses Bitcoin in capitalization, such as Ethereum, then Ethereum will become the king of the cryptocurrency market. Today, Bitcoin is primarily a pioneer among cryptocurrencies, but at the same time, it is Bitcoin that is most trusted and a large number of large investments indicate the real security of an investment in Bitcoin. If you consider Bitcoin dominance to be centralized, how can someone regulate this process? and also What is Bitcoin Decentralization? If you answer these questions, you will have an overall picture of what is happening.

[KryptoBull]

I think that ALT/BTC is the most important of all fluctuations, through it we can explain the fluctuation of price of ALT/USD with ease. If we apply existing knowledge and experience to evaluate the ALT/USD chart, we will have a lot of trouble when the ALT price is constantly changing without any rules.
My way is very simple, multiplying the ALT/BTC rate by the BTC/USD rate, we will see the expected prices of ALT/USD

[Jaephoenix]

Everybody is looking out for his or her own wallet. Right now bitcoin is coupling with the altcoins because of investor diversification. Grayscale and other Hedge Funds and crypto portfolio managers are developing a taste for Stellar Lumens, Ethereum and other alts

[Hometown]

Bitcoin and altcoins depends on each others. But sometimes we see that when bitcoin price starting to improve then simultaneously some altcoins a also starting to improve but others altcoins decreasing. Ita common Nature of  cryptocurrencies market.

[debra]

If yes, I don't think that it is a good marriage because BTC is always a superpower and altcoins only become the followers. The dominance of Bitcoin sometimes can kill altcoins. Let's see that altcoin price will be dying and falling when the price of BTC is rising up

[Kitaiev]

Of course alts mostly go for bitcoin only occasionally deviating in anticipation of events or releases.
It often happens with altos when the cue ball grows, then the alts doesn't grow very much in a pair with bitcoin and this must be taken into account.

[iloveyobit]

the secret lf this is in the bitcoin dominance on the market,when dominance start rising that means people are buying bitcoin and selling altcoins and vice versa ,so keep an eye on dominance if you want to avoide losses

[shadowdio]

Most of the altcoins pairing bitcoin so I'm not surprised if the altcoins will follow the movement of bitcoin whether to go up or down this is just common.. but sometimes if bitcoin went up the altcoins will go down an opposite movement..

[Jaephoenix]

I think its a coupling effect. Investors now trust altcoins as much as they trust bitcoins, and as they pump money into bitcoin, they also do the same for alts like Ethereum, Stellar, Binance coin, Cardano etc