Post
Topic
Board Altcoin Discussion
Re: do the bitcoin dump is affecting the price of altcoins
by
Binugon
on 06/08/2018, 08:42:01 UTC
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?

Bitcoin price movements are generally able to influence the price of altcoins, because Bitcoin is the economic center of all crypto currency markets, then the influence of bitcoin on the altcoin will always be there, so the correlation is centered on people taking profits or cutting losses in Bitcoin by choosing altcoins when under certain conditions, vice versa.