Post
Topic
Board Speculation (Altcoins)
Re: only the price of Bitcoin is increasing?
by
nedjuly
on 28/05/2019, 16:38:51 UTC
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

Usually, when bitcoin increases all other altcoins follow, but this time around the situation is quite different. That's why we can't say that the market has fully reversed, as only bitcoin has been increasing sharply and ethereum has been following a bit, but other altcoins have been pretty average.

I also repeatedly thought about why the growth of bitcoins has little impact on the cost of altcoins. Ether also seems to be growing, but not as fast as we would like. I think that soon their growth will become more significant