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Author Topic: Does Altcoin price depend on BTC or ETH??  (Read 499 times)

Offline PhillipGrimes147

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Does Altcoin price depend on BTC or ETH??
« on: September 20, 2018, 12:45:34 PM »
Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
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Does Altcoin price depend on BTC or ETH??
« on: September 20, 2018, 12:45:34 PM »

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Offline dragononcrypto

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Re: Does Altcoin price depend on BTC or ETH??
« Reply #1 on: September 20, 2018, 12:46:49 PM »
Yes, Altcoin prices are "tethered" to BTC and ETH as these are the main trading pairs as you say. Until fiat options (particularly USD) are more widely available, this won't change much. Then again we have USDT and TUSD but still the crypto market is predominantly led by the pack leader.
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