Post
Topic
Board Altcoin Discussion
Re: Bitcoin lead to Alternate coins ?
by
Nalbo
on 25/06/2019, 23:50:26 UTC
I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Bitcoin is the largest price coin, coin with largest marketcap, more valuation than the sum of all available alternate coins and the most popular pair when buying and selling altcoins.
So there are different metrics that takes the price of altcoins and bitcoin in the same direction. When bitcoin rises high, altcoins follow at a smaller rate but as the increment in bitcoin is larger, people tend to sell off their alts for bitcoin.