Bitcoin may effect other crypto?

[Bobcrypto]

So do you think that when bitcoin price rise up a lot of crypto currenceis will be also affected from it. Will be there a chance that if bitcoin rise , altcoin will also be pump, what do you think ?

This is actually the trend in the market and obviously, Bitcoin will remain the king of crypto. All altcoins has bitcoin as pairing on almost every exchange globally and currently, Bitcoin has the widest usage and popularity and this has made it stand out being first coin too.

[MUGNIA]

not for now, what I see is that BTC continues to rise but the altcoin is still the same at its price and even falls

[Delgboke]

For the fact that many altcoins depends on bitcoin to survive it will always effect there risen when bitcoin price the price of those altcoins that depends on bitcoin Will also that's why you can see some altcoins that don't have value yet when bitcoin drops in value some of those can even die from there.

[diygirl]

I see yesterday when the Bitcoin price was increasing, most altcoins prices were decreasing [in red]. It shows us that the price of Bitcoin sometimes doesn't give impacts on altcoin prices. I don't know what happened, but it is the fact.

[Coin63@]

 Of course bitcoin affects others cryptocurrency because, when bitcoin prices dropped down, then others cryptocurrency also dropped down and simultaneously rise when bitcoin price also increases.

[Paha87]

Earlier it was so, now according to my observations it is hardly noticeable! With the gradual growth of Bitcoin a large part alithinou not going after him, with sharp jumps first, the rise of cryptocurrency tokens. I think still when bitcoin starts to grow strongly, many toxins will follow him. It makes sense now to buy promising coins.

[vanjava]

So do you think that when bitcoin price rise up a lot of crypto currenceis will be also affected from it. Will be there a chance that if bitcoin rise , altcoin will also be pump, what do you think ?

in my opinion this theory is true, now bitcoin rises and other crypto follows the trend of bitcoin. bitcoin has experienced a rapid increase this week, altcoin is crawling up even though there is no significant increase.

[VladEx]

I think this is an eternal question, and no one knows the right answer. People can only guess how it all works.

[Rituvohra01]

I think it will always happen if the value of Bitcoin increase the other cryptocurrency always be affected. Because the Bitcoin is the first currency. So naturally it affected all.

[abdmuiz]

almost all coins price refers to Bitcoin. If the value of Bitcoin rises automatically all coins will go up as well, this is evident in a few years

[Sapp]

really, the rise in bitcoin prices now has a positive impact on some of the other altcoins. now the crypto market looks fresh. some of the coins that are on the average list are green. which means that all coins experience an increase in value.

[moonuranus]

Altcoins seems to determine their price by the movement of the bitcoin, they are just going with the flow when the bitcoin rise the altcoin will follow vice versa. Bitcoin is a high influence for the altcoins for being the mostly used pair in exchange.

[gurunanakji777]

We usually see when when bitcoin rises altcoins drops hard this is the common cycle of crypto market and in the past 7 days btc continue to rise and the effect is alts are also dropping. Alts will be rise when bitcoin will be stable and if btc continue like this we will see more drops in alts in coming days.

[Filo]

It is obvious that Bitcoin affects all alts. It is ordinary because Bitcoin's Domination is higher than 59%. A few alts may resist price movement of BTC.

[AltLogan]

Bitcoin is always affecting altcoins price.