Does bitcoin control the market?

[gODZILA72]

This is not so important, now we see the growth of bitcoin without the growth of alts practically! The most important is the news background, which allows the coins to grow individually or to grow the entire market! Each token is unique and has a different value! I believe that bitcoin, due to its large capitalization, affects the market violas, but not so much!

[Methos]

Yes agree to that, the decreasing value of Crypto currency is not directly related to the current Bitcoin value. Your explanation is correct that there are other factors that drives down the value out any crypto currency.

[IvugeoEvolutionCoin]

of course bitcoin controls the price movements of all cryptocurrencies on the exchange but when the emergence of a new project that has the initials Y, bitcoin is no longer the spearhead, because the crazy price of YFI can beat the price of bitcoin.

[ranaprime]

Yes i know bitcoin is the king of all coins. If the price of bitcoin increase then all the coins also increase in the same way when it is going down then most of the coin also going down. I think all the coins corelate with bitcoin. In this concern i can say that bitcoin control the market.

[lepbagong]

of course bitcoin controls the price movements of all cryptocurrencies on the exchange but when the emergence of a new project that has the initials Y, bitcoin is no longer the spearhead, because the crazy price of YFI can beat the price of bitcoin.

for the price we have to admit that it can beat bitcoin but in trading it is not the price side that makes the token survive but is the number of trades that can make the token be rewarded and survive. bitcoin is the one that rules the trading market and not yfi, so there won't be any changes but bitcoin is the target. yfi is not traded too much and many doubt its value, the price will automatically fall back because the market does not respond well.

[lepbagong]

Yes i know bitcoin is the king of all coins. If the price of bitcoin increase then all the coins also increase in the same way when it is going down then most of the coin also going down. I think all the coins corelate with bitcoin. In this concern i can say that bitcoin control the market.

agree with what you say who controls the market then he can be said to be the king of crypto, bitcoin has shown this and many do not doubt because it can be seen that bitcoin trading is the most active compared to the others.

It is true, that usually when bitcoin has an increase it will be followed by other altcoins, but now it seems that altcoins are surprised by the rapid increase and they are not ready, but in time altcoins will experience an increase too.

[Cryptoz]

Really no, Bitcoin doesn't control the market. But Bitcoin is the one that other altcoins will follow the prospects of the coins . In this case, investing in Bitcoin will never regret and we can really make certain different ways to win and BTC supply and demand will really give a big influence on the crypto market

[Black ID]

As the king of coin, of course it is easy for bitcoin to control the market. Because there are indeed many altcoins that can be exchanged for bitcoins. Of course a lot of people also do their altcoin transactions in bitcoin. When the price of bitcoin rises or falls, it will be followed by altcoins.

[juv3ntus1]

Yes because the most of altscoins  are affect by the every move what btc are making,when btc price go down alts price its going down,and the worth part is when btc is going up usualy the price for alts is going down.

[ranaprime]

Bitcoin always impacts in the crypto market. Every single moment it goes up and down. It has large number of market capitalization which means it has the largest crypto investor base, so BTC investors have a big influence on the entire market. Bitcoin does not fully control the market but has an influence on the market. Because most coins are paired with Bitcoin. As far i know bitcoin cover 57% capital on the market. So definitely it will control the whole market.

[Jaguar]

The market is full of competition between crypto and support from crypto enthusiasts. Coin with less supporters are in difficulty to win the battle. But the coin with greater number of supporters will win the market and dominate the other. In Bitcoin case looks the same for it is the strongest coin in crypto sphere. No doubt that it will lead the market. However, it is not bitcoin who controls the market but the big name of people behind the scene.

[Arendra]

I think Bitcoin can control the market. Because it has been proven that the increase in bitcoin will definitely be followed by an increase in altcoins and vice versa. this is because bitcoin is the king of coins.

[Doctor]

Really no, Bitcoin doesn't control the market. But Bitcoin is the one that other altcoins will follow the prospects of the coins . In this case, investing in Bitcoin will never regret and we can really make certain different ways to win and BTC supply and demand will really give a big influence on the crypto market

It seems bitcoin control the market because bitcoin demand is high and supply limited, Bitcoin is the biggest communities. Altcoins have be follower of bitcoin. Bitcoin is Always be the King of cryptocurrencies, Altcoins will follow bitcoin, But It is not controlling.

[Msweet]

Bitcoin has taken a place in the cryptocurrency world where, as the price of Bitcoin rises, the price of almost all products rises, token prices rise, and when the price of Bitcoin falls, its price falls for a long time.

[ayatoslaw]

This is not so important, now we see the growth of bitcoin without the growth of alts practically!

Altcoin prices still depend on bitcoin price movements, including the growth of altcoins, this we can see when bitcoin is correction and altcoins also follow bitcoin and vice versa,
Even if there is a coin that beats the market cap of bitcoin I'm still not sure that it will avoid the impact of bitcoin price when it correction.