Post
Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
Wulan_maniez
on 23/12/2020, 23:56:57 UTC
Hi all,

I don't understand why when the BTC goes up then the ALT goes down?

Logically, if Bitcoin continues to strengthen, then the demand for bitcoin is getting higher. This caused the alternative cryptocurrency
market Altcoin to be hit, resulting  in increasing  selling pressure  and less demand,  as the  Bitcoin market sucked up  the volume of
the entire cryptocurrency market.