What is the link between BTC and newly listed Altcoins?

[MrSpasybo]

In my opinion, BTC and altcoins have a very significant relationship. Because when BTC's price rises for some time then other altcoins will also rise. And if BTC experiences a downward trend then other altcoins also experience a decline. This is because most large investors will sell assets. they are in altcoins when btc is down. because they are afraid of losses if they hold their altcoins for a long time

This relationship can be observed in previous cycles: when BTC rises and stabilizes at a high price zone, altseason occurs, and many new projects are launched, with numerous tokens listed on CEXs. However, currently, we have seen an increase in projects emerging during the crypto winter, independent of BTC price. These projects either offer highly effective solutions related to Layer-2 or are simply memecoins with no long-term development plans.

Right now, BTC price has not yet established a clear trend, and we are not seeing many new token listings. Existing listed tokens have also not experienced significant price increases. I believe everything will change once BTC sets a new ATH and triggers FOMO in the market, prompting teams to introduce their projects to users to get fresh inflows.

[JISAN]

It is well known in the crypto market that the price, movement and trend of BTC is among the major determinants of Altcoins trend apart from buying and selling, it is clearly seen that when the BTC is on reddish candles with a down trend of like -3% a subsequent down trend of altcoins is also witnessed on x2%.
Looking at new tokens, at the day of listing there is always a rise in price (for most I've seen) no matter how BTC trends, for like some days or weeks as the case may be, the newly listed token likely trends on its own with demand and supply as the major determinant.. But with time, the BTC trend starts affecting it.. Proving it's Uniqueness.
What could be the connection between BTC and these altcoins?
Your thoughts would be highly appreciated..

Alt coins have nothing to do with Bitcoin, but when the price of Bitcoin starts to fall, a volatile environment is created in the market.  And we all know that altcoins are very volatile and that's why when they hold altcoins they start selling that if bitcoins fall they will lose a lot of value. And that's why altcoins are down a lot. And there may be other reasons that we may not know about. But this is normal. And another reason could be when the price of Bitcoin starts to fall when the altcoin holders.  Plan to invest in Bitcoin by selling altcoins. This can also happen due to these reasons

[Asiska02]

Bitcoin is the major coin of all cryptocurrencies and every altcoin must obey it overtime. For those that trend against bitcoin at the time of listing are at that time having a more strength to control the market at that time due to the popular demand and supply that is taking place in those coins. After some time that they’re stable, they now begin to trend on the same path in bitcoin. Mostly, pump and dump coins are the ones that are always trending against the market, since they are mostly controlled by the project team themselves. Most of this shit coins need not to be treated with any hopes on them, they always fall in the category of pump and dump. So even as a trader, you should not trade them.

[robelneo]

There is no lionk whatsoever if its a newly listed coin because the newly listed coin should earn the trust of the investors for them to have a place in the market and the community, There are many instances where new coin are doing good when the market is dipping because the trust of the community are building up on this new coin.
Newly listed coins are standing on their own based on the trust given them by the community but eventually it will settle down and eventually rely on the trust of the community on Bitcoin.

[MrSpasybo]

There is no lionk whatsoever if its a newly listed coin because the newly listed coin should earn the trust of the investors for them to have a place in the market and the community, There are many instances where new coin are doing good when the market is dipping because the trust of the community are building up on this new coin.
Newly listed coins are standing on their own based on the trust given them by the community but eventually it will settle down and eventually rely on the trust of the community on Bitcoin.

I can point out several correlations between BTC and new tokens: when BTC price is high and stable, bullrun and altseason occur, leading to numerous new project launches. Moreover, the market prices of these new tokens are highly correlated with BTC price fluctuations.

I can conclude that BTC price dictates the overall market sentiment. A bullish market sentiment fosters the launch of new projects and the emergence of many new tokens. While truly promising projects can find their own path, the majority of tokens lack intrinsic value and their fate is heavily tied to BTC price.

[rizqillah]

I can point out several correlations between BTC and new tokens: when BTC price is high and stable, bullrun and altseason occur, leading to numerous new project launches. Moreover, the market prices of these new tokens are highly correlated with BTC price fluctuations.

I can conclude that BTC price dictates the overall market sentiment. A bullish market sentiment fosters the launch of new projects and the emergence of many new tokens. While truly promising projects can find their own path, the majority of tokens lack intrinsic value and their fate is heavily tied to BTC price.

I agree with what you said because based on my observation during this time when the price of bitcoin goes up we will see new projects start to emerge and I think the correlation between bitcoin and new projects when the crypto market has started to go up and this does not happen during the bearish season. Bitcoin will always be the center for altcoins and not only new projects but almost all altcoins always follow the movement of the bitcoin price.

[Blaze]

I can point out several correlations between BTC and new tokens: when BTC price is high and stable, bullrun and altseason occur, leading to numerous new project launches. Moreover, the market prices of these new tokens are highly correlated with BTC price fluctuations.

I can conclude that BTC price dictates the overall market sentiment. A bullish market sentiment fosters the launch of new projects and the emergence of many new tokens. While truly promising projects can find their own path, the majority of tokens lack intrinsic value and their fate is heavily tied to BTC price.

I agree with what you said because based on my observation during this time when the price of bitcoin goes up we will see new projects start to emerge and I think the correlation between bitcoin and new projects when the crypto market has started to go up and this does not happen during the bearish season. Bitcoin will always be the center for altcoins and not only new projects but almost all altcoins always follow the movement of the bitcoin price.

Bitcoin is widely known as one of the leading indicators for the rest of the crypto-market. For instance, when the price of bitcoin is high, investors cannot help but turn positive on the rest of the cryptocurrency market, hence calling for creation of more projects. On the other hand, during a bearish period there is a low activity among investors and developers as new projects are undertaken. This also supports the opinion on the fact that altcoins and new projects are always tied to the Bitcoin bull-run. Additionally, nearly all altcoins are known to trade similarly to Bitcoin because the market overall confidence in the industry depends on the status of Bitcoin.

[taufik123]

I agree with what you said because based on my observation during this time when the price of bitcoin goes up we will see new projects start to emerge and I think the correlation between bitcoin and new projects when the crypto market has started to go up and this does not happen during the bearish season. Bitcoin will always be the center for altcoins and not only new projects but almost all altcoins always follow the movement of the bitcoin price.

Yes, of course because Bitcoin is the center and all depends on Bitcoin.
When Bitcoin entered the new ATH, there were more new projects emerging to capitalize on the good crypto market hype.

That way, the altcoin crypto project built by the developer will be more successful.
See how failed projects are forcing to build their projects on a bear market when the price of bitcoin tends to fall.
All went bankrupt, and eventually the project was abandoned.

Bitcoin became the king of all altcoins, became a balancer of the crypto market and also became a disruptor of the crypto market,
it depends on how speculation and manipulation occur.

[milewilda]

I can point out several correlations between BTC and new tokens: when BTC price is high and stable, bullrun and altseason occur, leading to numerous new project launches. Moreover, the market prices of these new tokens are highly correlated with BTC price fluctuations.

I can conclude that BTC price dictates the overall market sentiment. A bullish market sentiment fosters the launch of new projects and the emergence of many new tokens. While truly promising projects can find their own path, the majority of tokens lack intrinsic value and their fate is heavily tied to BTC price.

I agree with what you said because based on my observation during this time when the price of bitcoin goes up we will see new projects start to emerge and I think the correlation between bitcoin and new projects when the crypto market has started to go up and this does not happen during the bearish season. Bitcoin will always be the center for altcoins and not only new projects but almost all altcoins always follow the movement of the bitcoin price.

Bitcoin is widely known as one of the leading indicators for the rest of the crypto-market. For instance, when the price of bitcoin is high, investors cannot help but turn positive on the rest of the cryptocurrency market, hence calling for creation of more projects. On the other hand, during a bearish period there is a low activity among investors and developers as new projects are undertaken. This also supports the opinion on the fact that altcoins and new projects are always tied to the Bitcoin bull-run. Additionally, nearly all altcoins are known to trade similarly to Bitcoin because the market overall confidence in the industry depends on the status of Bitcoin.

For those who have been here into this market for a while, then it would really be just that too impossible that you cant really be able to determine those things or able to observe it out.
Bitcoin would really be the main trend setter and everyone follows it basing up on the current trend or market condition. Now that we are mentioning about newly listed Altcoins then
we cant be able to deny that market Bitcoin trend will really give out that kind of effect on the price condition of a certain altcoin specially if its a new listed.
It will really be giving out that kind of effect but if the said project is really that having that potential then there's no issues to that.

[Crwth]

Since Bitcoin is the main thing about cryptocurrencies, it has been the benchmark for the entire cryptocurrency market. When BTC is in a bear market, everything is almost on the downtrend. It’s just affecting everything.

It might also be the capital flow with BTC that makes the funds from altcoins go to BTC if it goes down. The flow of money would be in the market and the one with the highest market cap would have an impact, and that is BTC. It’s correlated with the movements of BTC prices.

That’s for new ones, maybe if they get to maturity, it can have a more independent price movement. It would be a different story.

[pieppiep]

Since Bitcoin is the main thing about cryptocurrencies, it has been the benchmark for the entire cryptocurrency market. When BTC is in a bear market, everything is almost on the downtrend. It’s just affecting everything.

It might also be the capital flow with BTC that makes the funds from altcoins go to BTC if it goes down. The flow of money would be in the market and the one with the highest market cap would have an impact, and that is BTC. It’s correlated with the movements of BTC prices.

That’s for new ones, maybe if they get to maturity, it can have a more independent price movement. It would be a different story.

Agreed, that Bitcoin does affect the overall Crypto market significantly and this is also quite logical given the fact that Bitcoin is the largest styled Crypto asset on the market. If the price of Bitcoin fluctuates in any way then this will have a domino effect across the remainder of the altcoins. The capital movements that relate to the flows of BTC give a representative of how the market remains dominated by the movement of this currency. This supports the current contention advocating for a differentiation of Bitcoin from altcoins in an undertaking of investments. Still, as far as time passes, and the market becomes more saturated, the individual price volatility of altcoins will increase even more. While the young market is developing, it is still synced with Bitcoin, but with the time, couples of altcoins, which have more solid fundamentals, should start to demonstrate distinct movements within the specified territory. This will produce a more complex environment in the crypto market and perhaps for those of use who are still observing as well as participating in such developments.