Does bitcoin control the market?

[Hallet]

I think Bitcoin price can control the market too, therefore more and more people try to manipulate Bitcoin price to have the control of the market

[IvugeoEvolutionCoin]

it looks like bitcoin is controlling the coin price movement of cryptocurrency in place of exchange, so there are so many coins that have prices depending on the price movements of bitcoin.

[Mikam]

Everyone has his own goal that something is good for his own benefit. Even bitcoin controls the market that doesn't exist, controls everything related to crypto.The values ​​of bitcoin change encourage others to approach bitcoin but some make themselves far from bitcoin.

[EthereumDev_]

yes, of course, bitcoin will still control prices in the cryptocurrency market because all existing cryptocurrency including altcoin will also follow the price movements of bitcoin.

[VirtualBtc]

Yes I believe that bitcoin dominated the market. It easier to find out that when market dumping you may notice that bitcoin price dumping also.

[mimikri]

Yes some tokens and coins going independenly. But in general all alts going up or down exactly with bitcoin! About 90%

[khufuking]

Bitcoin is for sure not controlling the market, but it has great influence on it and that is a fact, it is totally normal that the biggest Cryptocurrency moves will affect other Crypto moves too, people are looking to Bitcoin to measure the whole Crypto market success and even at some point to measure Blockchain technology success, so ya Bitcoin have great effect but Bitcoin is not controlling the market.

[Falcon]

it looks like bitcoin is controlling the coin price movement of cryptocurrency in place of exchange, so there are so many coins that have prices depending on the price movements of bitcoin.

Bitcoin cannot control the price of cryptocurrencies but due to normal pattern about the basis of all, everybody does not have any choice but to follow the trend. It is bitcoin who can start the trend of market but not the one who controls.

[Bobcrypto]

This Bitcoin martket control of other crypto prices is true. We have seen it happen on numerous times, though Bitcoin has its own used cases that is deffernt from most coins, but it is very obvious, and even a layman can observe the trend at the coinmarketcap that Bitcoin up and down price movements has great effects on the prices of most coins.
If by tomorrow Bitcoin pump up, definitely most coins will also follow. Let take take a critical look at this trends to get a good analysis. Thank you all.

[Seeyy]

According to my analysis, bitcoin will still control prices in the cryptocurrency market because all existing cryptocurrency including altcoin will also follow the price movements of bitcoin.

[Dodo]

everyone has no choice but to follow the trend. Bitcoin can initiate market trends but not people who are in control. Bitcoin cannot control the price of cryptocurrency but because of the normal pattern about all bases.

[Domithra]

Bitcoin does not control the market completely but have an influence on the market. Because most coins are paired to Bitcoin and serve as a standard of measure for most of the coins on the market, BTC always have an impact on the market whenever it goes up or down. Secondly, it has got the largest market cap which means it has the largest crypto investor base, hence BTC investors have great influence on the entire market.

[backfirst77]

Bitcoin prices greatly affect the movement of all the altcoin prices at this time. So Bitcoin became central to the cryptocurrency movement, when the bitcoin price moves up all up to rise and so is the opposite. So Bitcoin will control all the movement of the cryptocurrency price.

[Hank]

I think Bitcoin price can control the market too, therefore more and more people try to manipulate Bitcoin price to have the control of the market

Agreed and just like in the current bear market when many whale are trying to dump the market for their purpose of profit

[Sapp]

most coins are paired with Bitcoin and function as a standard size for most coins on the market, BTC always impacts the market every time up or down. Second, it has the largest market capitalization, which means it has the largest crypto investor base, so BTC investors have a large influence on the entire market.