bitcoin influence price of all coin!

[aiviaa485]

because Bitcoin is the parent of all Altcoins.
Bitcoin has value on every Exchange and altcoins is not necessarily available on another Exchange.

[Bougenville]

because Bitcoin is the first and father of the crypto currency and that is the reason why bitcoin affects the price of all coins

[Mbah Jenggot]

For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

Yes , It is true. Bitcoin price influences all the value of altcoins. Because Bitcoin is the King of crypto currency and will be more popular again at the next year.

[gribble]

For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

yes it's true that bitcoin greatly affects all coin prices. because bitcoin is king of crypto. so it has a big effect on movement in all crypt currencies

[expander]

They are not interconnected, but bitcoin has an important role in the crypto world. In my opinion, this is because bitcoin is the first digital currency to emerge so that it has high trust from coin investors. That's why if bitcoin prices rise or fall, other coins will follow.

[gribble]

For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

The explanation is quite simple. Bitcoin now still has a large capitalization - about 119 billion dollars. The next in the table, according to CoinMarketCap, is ethereum with its approximately 41 billion capitalization. Other coins have even lower capitalization. However, in percentage terms, bitcoin capitalization is steadily falling. If initially it was about 94 percent, now it has gradually decreased to 32 percent. If this continues to happen, especially given its current poor situation, then the bitcoin capitalization may drop to a level where it will lose price dominance over the rest of the crypto currency. For altcoins then it will be a real holiday.

It will really effect the price of all crypto coin. Because bitcoin is the center of the crypto market. Of bitcoin failed all coin will maybe failed or if not feild maybe drop. The bitcoin price will have a direct effect on the market place it is really amazing .

Yes, it is true. Because bitcoin is the father or king of crypto. So, Bitcoin will greatly affect the price of all coins.

[Bruks]

For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

Yes, It is true. Because bitcoin is the King of crypto. So bitcoin value will affect all coin.

Yeah you're right!! Bitcoin affects altcoins price because bitcoin is sucking all the volume at the altcoin market. Like what happen this past days. Causing altcoin price to decline. When Bitcoin is rising, altcoin is dropping. But there are some altcoins which are not affected by the rise of bitcoin because of their solid supporters like BCC/BCH. I've been monitoring this altcoin and so far it's the only altcoin that has been pumped up while other altcoins are crashing. Most of altcoins are on green marks. Altcoin market is recovering. But i think it's a bulltrap because the hardfork is not finished yet. It's a good time to make some quick money.

[Raboni]

Bitcoin hold the entire movement of market that marks red or green days. It is all about bitcoin potential and power to dictate the moon but we should not forget the people behind because they are the real one who handles the system and movement. They can push and pull the value.

[rightway]

Yes and we must agree on it because this is what really happen in the market today, everytime bitcoin will fluctuate all altcoins are also fluctuating simultaneously and may be some of the investors are looking on the status of bitcoin before they invest to altcoin.

[sola]

Bitcoin as the oldest technology is spearhead of this market it contains largest market for a reason. Bitcoin supports not only ordinary people but also business entities.

[bubblebubble]

Remember that bitcoin is the principal door of new fresh fiat. So when fiat goes away, btc decreases its value and people who are on altcoins pass to btc.

[felixesteban]

Every investor is taking his position by looking at the Bitcoin movement, so it wouldn't be wrong to say that bitcoin is affecting the entire market. Also, if we look at the BTC dominance ratio, we can see that this is true.

[doc]

For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

Yes It is true. I also see that. Bitcoin price influence price of all coin. Because Bitcoin is the Kingbof crypto currency.

[2019gantiforum]

of course bitcoin can affect the cryptocurrency market because bitcoin is a benchmark for several other altcoins so bitcoin can indirectly affect the cryptocurrency market

[vegasus]

As I observed. Almost or maybe more than 50% of Crypto users have Bitcoin. Which means that bitcoin dominates Crypto users. So that when the Bitcoin price drops, other coin markets will automatically be affected and also fall. Therefore it is not wrong if Bitcoin can be called the king of Cryptocurrency.