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?
This is expected to happen when bitcoin rises, many investors would desire to grab every opportunity to gain a good profit. Many reasons we should consider, it maybe a need for money or greed to take back the fruits of their labor. For now let's observe when this dump trend will last long, and if it's just doing for short period of time I guess and hope that it's a great preparation of an upcoming bullrun.