I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
This simply happens because people are responsive to the price movement and as they react to gain from either side that's considered to move upwards, the market then find a balance until their is a common equilibrium. That's why BTC and Alts don't usually move upward together especially during a very steepy move otherwise both could just move gradually together