Post
Topic
Board Economics
Re: When bitcoin prices rise up the market also will
by
lendahawkins
on 28/09/2018, 04:26:34 UTC
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
well its happen because almost all coin are paired with bitcoim and also market dominance of bitcoin is more than 50% so its not weird that bitcoin movement does affect the market price.