For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?
It will be same when we see the altcoin are increasing a lot but bitcoin just have a little move. We have seen it a few times ago when a good news from paypal came, there are plenty of altcoin were increasing.
So, I wasn't weird when it was happen in altcoin. Maybe many traders only focus to trade in bitcoin and they leave altcoin marker for a while. And actually, it is often happen to me, when I start to trade I'll pick one coin who has a good price movement. The coin which has high volatility so as I can make a profit as soon as possible.