Crypto Q&A [ Why Do Altcoins Fall When Bitcoin Sets New Highs]

Discussion • 2020/12/23 • by
meshiaka

Why Do Altcoins Fall When Bitcoin Sets New Highs.

Comments (12)
Guest
anggasaputra
6 years ago
altcoin doesn't following bitcoin price all of the time
wahidaja
6 years ago
because btc and altcoin are different
vicky5545
6 years ago
Depending market moves.
meshiaka
6 years ago
If at all altcoin, majority of them are tied to Bitcoin,so why do they still depreciate after BTC bullish movement
akbar111
6 years ago
because altcoin flow more easy than bitcoin
abyasssir
6 years ago
because btc more known by people
meshiaka
6 years ago
But there are altcoin that has more value than Bitcoin
meshiaka
6 years ago
Checking my Exchange platform...almost all altcoin are showing red...what really is behind this ..
visiblemoney
6 years ago
The lead-lag relationship between Bitcoin and Altcoins is primarily driven by greed and FOMO. As capital moves away from altcoins, it presents a buying opportunity for well-informed traders to own altcoins while prices are still relatively low. And as the pendulum continues to swing under the propeller of greed in favour of a particular market mover like BTC, disparity begins to set in on the metrics on various altcoins performances in varied degrees.
ai1993
6 years ago
FOMO !!
ajii12
6 years ago
Actually most major Altcoins rise when bitcoun rises, if you notice a fall it may be because people are selling their altcoins to buy bitcoin
andrei12
6 years ago
everybody starts buying only BTC is why

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