I just started with buying some crypto coins and have a lot to learn.
But almost every time when Bitcoin is up, al lot of the other coins also go up. And the moment Bitcoin drops , the other coins also drop. Is this just a coincidence or is htis how it always works? Can someone explain this to me?
Bitcoin value is define the most of the altcoins value because bitcoin circulation is affected in the market automatically some other altcoins circulation also affected and demand also reduced in the market so majority of the coins values are down but not all the coins. This is kind of issue it is not a main problem. Because last week affected in all the coins values this is Korea government banned in cryptocurrency so all the cryptocurrencies are affected in the market Dont confuse the Bitcoin and altcoin drop.