Relation between BTC and the market / altcoins

[pelana vreo]

nice post, I realize the market cap of Bitcoin is too big for some altcoins to follow, but right now, some investors seem to have a lot of patience, because I have seen SOL coins increase by more than 100% when Bitcoin price drops, this is indeed difficult to explain, but some altcoins will not follow Bitcoin price movements, because each coin has a different number of investors, they are the ones who can increase the price because everything starts with the amount of demand.

[36B]

I think the relationship between the exchange and bitcoin is from the demand between the exchange place and the buyer because if there is no demand then it is impossible to make bitcoin have this expensive price, bitcoin can be used for whatever you want and currently it is still easy to find bitcoin so that's the relationship between the bitcoins on the exchange.

[kulkhan]

Bitcoin is father of all cryptocurrency. All cryptocurrency follow Bitcoin and all cryptocurrency made by following Bitcoins technology. Now bitcoin is huge popular. Bitcoin already created his field stronger. Without bitcoin we can't think modern economi. And total cryptocurrency depend on bitcoin. When bitcoin price high all altcoin were high when Bitcoin price low then all altcoin price low. So we tell That All cryptocurrency are related with Bitcoin.

[pieppiep]

In my opinion, if there were no altcoins, bitcoin would not have an expensive price as it is today because I see bitcoin has the support of traders who can earn a lot of profit and enter bitcoin buying bitcoins in very large quantities, the technology owned by bitcoin also has a role important to the development of cryptocurrency technology.

[lepbagong]

In my opinion, if there were no altcoins, bitcoin would not have an expensive price as it is today because I see bitcoin has the support of traders who can earn a lot of profit and enter bitcoin buying bitcoins in very large quantities, the technology owned by bitcoin also has a role important to the development of cryptocurrency technology.

clearly what you say is true, that bitcoin can not move alone because bitcoin requires a partner from other coins, so bitcoin is able to get what it is today. where we know bitcoin has increased very sharply with extraordinary prices, obviously because of the role played by other coins that make bitcoin continue to be appreciated and become the target of investors.

the role of traders by providing an opportunity for bitcoin to be appreciated is to continue to trade, so the trading rate is so high that many want to hold it for future investments. all play a role in their respective portions so that bitcoin can get its achievements.

[LUCKMCFLY]

In my opinion, if there were no altcoins, bitcoin would not have an expensive price as it is today because I see bitcoin has the support of traders who can earn a lot of profit and enter bitcoin buying bitcoins in very large quantities, the technology owned by bitcoin also has a role important to the development of cryptocurrency technology.

I think the same, without BTC there would be no Altcoins, and the reason is simple, for me BTC is the King is the only one that has a life of its own, altcoins do not have a life of their own because they will always depend on the movements of BTC. If BTC rises in price all altcoins follow that same direction, if BTC falls in price the altcoins really bleed heavily, this suggests that without BTC there would be no such altcoins.

[Ronald]

When ever BTC goes up all altcoins will go up they will follow BTC as if BTC is a king.

Yes, because BTC dominate the whole crypto market. Altcoins investors get the energy by depending on btc market. As a concurrence we see the altcoins movement. Now the current market is positive and we see that altcoins also increasing.

[saprakib]

2. Why when BTC goes down, all the market goes down? Is it simply because all the owners of the ALTs sell their coins? Or is there any other reason that I haven't understood?

Simply because Bitcoin is the most trusted and promising cryptocurrency for investment, even if it has no backup commodity, the people continue investing. This will result in most of the Altcoin holders choose to sell their assets and wait for the Bitcoin to recovers again and buy it at a lower price.

Its not any clue that you will get profited on this way. We can just say it simply that everything depend on bitcoin if you do trade on this paor. The market behave almost the same like btc. If it falls the crypto market follow the trend. So the violation totally depend on btc. We nees to more careful to judge the momentum if we wanna get profit from the market instantly. Something news can affect hugely so it could be a fact for both btc and alt.

[Istiak]

Actually, it's the BTC dominance that creates which project will rally now. When BTC dominance increase that means investors are selling their alts for BTC. That increases the selling pressure of alts and alts market goes down. On the other hand when BTC dominance decrease investors are booking profits for their BTC holding and buying alts.

[anshor1]

Actually, it's the BTC dominance that creates which project will rally now. When BTC dominance increase that means investors are selling their alts for BTC. That increases the selling pressure of alts and alts market goes down. On the other hand when BTC dominance decrease investors are booking profits for their BTC holding and buying alts.

I think altcoins will increase when bitcoin increases, So It depends on investors what coin will they invest.
Not depend on Bitcoin price, Because altcoins price always depend on bitcoin progress.

[Octoalts]

Maybe because Bitcoin is the main Cryptocurrency, So BTC has a big influence on the prices of other Altcoins. Although this does not always happen, but we often see when the price of Bitcoin goes down, Altcoins will also go down, and vice versa.

[de_prof]

Maybe because Bitcoin is the main Cryptocurrency, So BTC has a big influence on the prices of other Altcoins. Although this does not always happen, but we often see when the price of Bitcoin goes down, Altcoins will also go down, and vice versa.

Of course, bitcoin will influence the market, especially the progress of altcoins.
Bitcoin as the pioneer and the King of crypto currency, always be the trend centre of altcoins.

[gotbounty]

Bitcoin is like the mother of all altcoins, so it can influence the prices of altcoins in the market. That's why Bitcoin price can determine the market trend whether to be the positive or negative trend. People expect that Bitcoin price is always increasing to make all altcoins prices be pumped. Because if BTC price is dropped, altcoins season may never happen.

[pelana vreo]

Bitcoin and Altcoins fill each other's gaps, we can see the DeFi platform that Bitcoin does not have, after the DeFi Hype continues to NFY, of course new investors will see Bitcoin and other altcoins, all altcoin prices in the market are always changing because of the volatility of Bitcoin prices, why is that happen? because Bitcoin has 40% of the current crypto market cap

[trofim21]

before the market always reacted to the fall or rise in bitcoin and followed it, but today there is a new direction that is not subject to this influence, this is the sphere of decentralized finance