Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin price effect on Altcoin
by
YinShuiSiYuan
on 07/11/2018, 17:44:29 UTC
I agree with you, there is a direct link between bitcoin and altcoins . If the price of bitcoin is growing and the prices of altcoins are rising

The price of bitcoin definitely has an impact on the prices of altcoins. Because currencies create trade pairs so they must interact with each other. In a situation where bitcoin dominates the entire market, the direction in which it moves affects the movements of other currencies.