In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?
So far Bitcoin was 8037$ according to the market
https://coinmarketcap.com/currencies/bitcoin/, were most of the altcoins are dumped its price in the market. We all knew that when Bitcoin goes up in the market majority of the altcoins are dumped there price too, then when it go down vice versa altcoins goes up just simple as that though few of the altcoins are also kicking its value while Bitcoin price was also bouncing its price too.