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!
Most altcoins are paired with Bitcoin, so people generally buy Bitcoin first then use that to buy alts, meaning first a rise in demand for Bitcoin, with the price reflecting that, before the demand switches to alts, causing their price to increase and Bitcoins to fall.