Post
Topic
Board Speculation (Altcoins)
Re: Is it bad for altcoin that BTC is dropping
by
lorapalmer
on 29/11/2018, 22:01:15 UTC
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

With a present situation at the crypto market a bitcoin rate influences negatively on altcoins as they are interconnected. Bitcoin influences the overall tendency at the crypto market. If trust reduced to bitcoin - the altcoins will not be in a favor too and their popularity will drop consequently as well.