Post
Topic
Board Speculation (Altcoins)
Re: bitcoin down, altcoin rise. why?
by
EddyGameta
on 25/08/2018, 05:36:24 UTC
There are some altcoins that have strong communities and investors. there are also some altcoins that pair into dollars. so when the Bitcoin price drops it does not have much effect on the altcoin.
Yes it’s true but many altcoin will be affected by the price drop of bitcoin as well. But as far as I know most of altcoin selling price follows the bitcoin, when altcoin’s price high then definitely bitcoin’s price will be higher than altcoin.