Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too. do you have some further explanation about this crap.
bitcoin decides it all up altcoin. Because the altcoin / bitcoin pairs are a lot. Mostly so. If bitcoin is up then the price of altcoin will increase as well and vice versa. If bitcoin goes down what price of altcoin will go down as well