Post
Topic
Board Trading Discussion
Re: Altcoin price based on bitcoin price?
by
weblaraveluser
on 23/09/2018, 14:45:55 UTC
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down



Yes most of the altcoins are based on bitcoins price because ethereum is tether to btc and that is the reason why the market prices are always highly affected every time the price of bitcoins is dropping in the market today.