For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now.
Indeed that Bitcoin is pumping weeks ago and obviously until now.
But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
That is exaggerating mate because the right word is
"Majority of the coins" but not all of them because i have checked the market and there are many coins who's not dumps that day.
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?
Those are necessary dump since Investors are playing with Bitcoin and taking their stakes on those coins but what happens couple of days after that?BNB and ETH pumps and gain almost 2 digits in percentage.