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?
Some positive news that hit BTC and ETH in the past 2 months has made the prices of BTC and ETH continue to experience rapid price increases, for example, such as ETH, which is getting ready to launch ethereum 2.0 so that investors start selling other alt coins and buying alt coins ETH and also BTC so that the buying volume of ETH and BTC becomes bigger so that it automatically pushes the price of BTC and ETH has increased prices and the large volume of selling other alt coins certainly affects the decline in the prices of other alt coins besides BTC and ETH in the market.