Post
Topic
Board Trading Discussion
Re: Altcoin price based on bitcoin price?
by
JohnWick_Bitcoin
on 27/07/2018, 10:26:41 UTC
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down



Altcoins prices are not directly based on bitcoins but it was based on ethereum and eth coin is tether to bitcoins that's why all the prices in the market is dropping when bitcoins is decreasing its price.