As the price of BTC is increasing on an upward trend and falls only by few bucks, short-term Alternative Coin traders are crying blood. I believe it is due to the upcoming fork. How many more forks are we expecting in the future? It seems that through forks they are pumping the price of btc and once the price becomes stagnant they will start another fork.
Im not so sure that the price increase is due to the upcoming fork. It could be a factor, but we also saw a recent price drop and another increase. This could just be the normal fluctuations of the Bitcoin price. Ive heard that there is a new exchange opening in South Korea that could be causing an increase in demand for Bitcoin as a new market opens up. Volatility is so common with Bitcoin that I think its hard to say that the fork is the reason unless we were just a couple of days before it.