Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin price and altcoin price
by
Mia_pikachu
on 28/07/2018, 14:51:47 UTC
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
if I do not think bitcoin prices can be used as a benchmark for altcoin price increases, sometimes it can happen, when bitcoin moves down the price will be followed by other altcoin, but what happens now the price of bitcoin is not followed by other altcoin, so we can not making bitcoin a benchmark for the rising altcoin prices.