I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
The price determines the demand and transaction of one coin. If the transaction and high and the demand is also high, then the value will increase. There are more trading transactions in altcoins right now than Bitcoin. People are avoiding to dump their bitcoin that's why there is very low transaction in Bitcoin.