Post
Topic
Board Beginners & Help
Re: why does the price of Bitcoin influence other coins
by
Bitcoinbride
on 22/02/2022, 18:49:53 UTC

 is it that Bitcoin is the backbone of other coins or their is something connected between Bitcoin and other coins.

please I need explanation.
Bitcoin is the pioneer cryptocurrency, you can call it the king. It has a direct influence on other coins because most cryptocurrency take reference from it, this may be one of the reasons why it's price affects other cryptocurrencies.