Post
Topic
Board Altcoin Discussion
Re: Which Altcoins are not affected by Bitcoin?
by
seggardinggins
on 21/08/2018, 16:07:09 UTC
It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?
that's true even though what determines the price of coins is how much supply and how much market demand, but bitcoin has an impact on altcoin prices because I think bitcoin is often used as a benchmark by people so when prices go down many people rush to sell their altcoins and causing the altcoin price to drop