Post
Topic
Board Altcoin Discussion
Re: Why when the BTC goes up the ALT goes down?
by
ranman09
on 25/12/2020, 05:40:03 UTC
Hi all,

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

Can someone explain me why?

Thank you

One factor would be that there a no new investors for bitcoin. These are mostly traders who trade bitcoin to altcoin and vice versa. Meaning old holders of altcoins that switches to bitcoin to hold.