Post
Topic
Board Altcoin Discussion
Re: bitcoin prices go down, why altcoins prices also go down?
by
engesi
on 24/07/2018, 07:08:34 UTC
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
This is a very simple reason, because altcoins are usually exchanged with BTC, and when the price of BTC rises, altcoins are too late to keep up, then altcoins is depreciated relative to btc.