Post
Topic
Board Economics
Re: When bitcoin prices rise up the market also will
by
Obeng ketok
on 03/08/2018, 02:45:52 UTC
the reason for bitcoin is number one except marketcap capitalization in coinmarketcap because bitcoin is first cryptocurrency, many people trust bitcoin than other cryptocurrency and all cryptocurrency follow bitcoin price, bitcoin is king of cryptocurrency in capitalization and in price movement.
Therefore, alcoin and market dependence on bitcoin is still strong, and this is what causes alcoin prices and markets to rely on bitcoin