Post
Topic
Board Altcoin Discussion
Re: Does Altcoin price depend on BTC or ETH??
by
Pasutinmeur
on 22/03/2019, 23:18:28 UTC
Crypto market is controlled by Bitcoin. All crypto market depends on the price of Bitcoin , so all altcoin prices depends on Bitcoin.
Well, not all coins, but 90% of course depends, a lot of altcoin on the market in the last 3 months gave a good percentage of growth , and bitcoin actually trampled on the spot , I think you need to learn technical analysis to make good money
Almost whole of crypto pegged to both bitcoin and ethereum, there was the only coin that is not pegged with bitcoin and ethereum that called stable coin that backed by stable commodity as fiat money. But this time binance was doing a great job to be independent crypto.