Bitcoin is dominating against Altcoins

[Delgboke]

Bitcoin is actually dominating against altcoins but it sound somehow strange that not even one altcoins try to make wave since bitcoin started to rise, but that was not still enough the altcoins market is even fallen as bitcoin falls below $9k I think this is the first time in the history of altcoins to experience this kind of fall when bitcoin still rising.

[Bobcrypto]

People are much smarter than they were in 2017. Bitcoin is insanely pumping and the safest way to keep their money is to sell alts to bitcoin. That's the main reason behind bitcoin's high dominance, I think. When bitcoin corrects and sideways, cash flow will move to alt and bitcoin dominance will decrease then.

You are very correct here, many guys are very smart, many people are selling off different altcoins to bitcoin since bitcoin is on the rise. This is one of the reasons altcoin are being dumped in the market. Obviously, if price of bitcoin continue rising, we may continue on to low altcoins price performance if bitcoin continue on it trend.

[zilzylian]

If Altcoin doesn't follow the movements of the BTC then I think the altcoin price can rise by itself.
Bitcoin has strong community members, investors already understand what they are going to do. altcoin has a slight increase but cannot last long because Bitcoin has also experienced a correction to a 6% decline after rising at $13k

[Alter]

If Altcoin doesn't follow the movements of the BTC then I think the altcoin price can rise by itself.

In fact, altcoins cannot be separated from bitcoin. Their prices will always follow bitcoin and the trends of the prices are dominated by bitcoin. So, I think it is still rather difficult for altcoins to rise their selves. But it is not impossible to do for some strong altcoins.

[therozaq]

I used to see Altcoins market will always depend on Bitcoin dominance but looks like different now. What do you think? Here is the link https://www.newsbtc.com/2019/06/25/crypto-bitcoin-dominance-altcoins-btc/amp/

I see Bitcoin is still dominating against altcoins,  But I see Altcoin is recovering  slowly.  Bitcoin is growing  up.  I doubt altcoins  price is depending  bitcoin.  Because I think It is market  correction of bitcoin.  I hope Altcoin  will rise in this  year  without  bitcoin effect

[Senin]

Bitcoin dominates in price against altcoins due to its high level of capitalization. However, this year I see only the price oppression of altcoins. I would already like to see how altcoins will behave without such a price dominance of Bitcoin.

[corr]

many think that domination btc because people sell alroins and translate them into btc. I do not think that this is the main reason. In recent months, when btc actively increased, there was a lot of transferring USDT to the  exchange at hundreds of millions of dollars. I think this is the main reason. Maybe after btc reaches its goals, big players will start a pump altcoins

[Octoalts]

Because now investors and traders can choose which one will benefit, no matter it's Bitcoin or Altcoin, the important thing is to get profit, he will hold it.  Therefore now Bitcoin can no longer dominate like in previous years, before a lot of Altcoin popped up.

[sampoerna]

I think today we can see that Bitcoin doesn't dominate again. Investors have chosen some altcoins and just keep their Bitcoin. As the price of Bitcoin decreased, investors should try to get other ways. And one of the possible ways is to trade altcoins when Bitcoin dropped.

[Sudarmono]

it's true that there is something different now, and right now when bitcoin rises then the altcoin price starts to go down, but I'm still optimistic about the altcoin price increase, and I think now is the right time to buy and invest in altcoins, because many have decreased.

[sampoerna]

As Bitcoin is the main coin in the crypto world, it will always dominate against altcoins. It makes sense, people will focus on Bitcoin first because it is the first coin to increase before others [altcoins]. When it is rising, people will convert all their funds to Bitcoin.

[Pegasus]

It's weird that after so many surges, bitcoin dominance remains unchanged or even climbs higher. Every body wants the altcoin season to come. But if bitcoin dominance continues the performance, even top-altcoin holders will be lost.

[Delgboke]

This sudden change is not actually encouraging to the cryptocurrency industries because altcoins used to depend on Bitcoin to grow but not so now when Bitcoin is rising altcoins will be declining and now Bitcoin is fallen altcoins will also be fallen this sound strange, but we think that altcoins time we soon come since Bitcoin choose to rise on his own concerning this some people we start swapping their altcoins to Bitcoin.

[Claus]

For now I think it's dominating but in no time although BTC is dominating we will see all altcoins rallying behind BTC to the moon. Some coins are doing good though from the market.

[Seerge]

Altcoin is very dependent on Bitcoin, the reason is that when Bitcoin prices rise, people will buy Bitcoin, but because the price of Bitcoin is getting higher, people will buy Altcoin.  therefore we often see changes in the prices of Bitcoin and Altcoin often in rhythm.  In fact, we often mention that Altcoin is very dependent on Bitcoin.  But if the conditions have changed now, meaning that people's thinking has also changed, they are no longer dependent on Bitcoin.