Why Altcoins Turn Green as BTC is Red ! ?

[guatazoo 7150]

If you see that's in the exchange platform market the others alt coins are turned green but the bitcoin turned red, that's means alt coins are selling in high price and bitcoin is selling in low price.

[iloveyobit 6599]

Simply, this is due to the traders ’psyche, because they influence the market. When the market goes down, people panic, which leads to the decline of other currencies, but it rises once the price of bitcoin stabilizes.

[magd 5231]

The color varies according to each currency, but red means that the demand for this currency is low and therefore decreased by a certain percentage, it is placed in the red color. As for the green color, i.e. the demand for the currency has increased and has become desirable, this color changes every few seconds

[DokAgsikap 145]

On 3/26/2020 at 12:43 PM, Cryptotanu said:

If Bitcoin keep failing then alt coins will also go down. Mainly, alt coins are go up if there is a good news about any specific coins or it can be BTC now stable  in price range and don't moving wildly.

Because sometimes the price in the market changes inversely, sometimes bitcoin and altcoins goes up together, but most of the time when bitcoin comes up the atlcoin goes down.

[Whited35 15285]

Generally top class altcoins' prices will increase against the price of Bitcoin in the market. In the some sort of the cases, you may see like the prices of altcoin is increasing even the price of Bitcoin is decreasing in the cryptocurrency market. 

[Mishu1234 101]

I don’t think so because if the bitcoins turn into red then the altcoin will also follow the bitcoins it is not that the bitcoin will bw red and the altcoin will be green  

[BrolySSJ 7899]

The price of any crypto is all dependent on supply and demand, therefore if the demand of the other altcoins is high and it has caused a reduction in the demand of the bitcoin, then there will be an increase in altcoin price and a decrease in bitcoin price, as is indicated by the green and the red that you are noticing here.

[Amir Vao 341]

On 10/16/2019 at 10:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

In this crypto market we saw that altcoin and bitcoin perform against each other maximum time. If bitcoin crash then altcoins market gone up. That's how the market work mostly.

[Jessica Karren 1242]

I think the price of altcoins is hugely depends on the price of Bitcoin. Any change in the Bitcoin price has effected the whole crypto market. This is what I thinks and experienced.

[Thekingcallme 1975]

I think that bitcoin greatly affects the alternative currencies, because it controls the largest proportion of the market, so for any movement of bitcoin, the rest of the cryptocurrencies are affected.

[Zezo 306]

The reason is due to the bitcoin acquisition rate in the market, but it is not a general rule. There are many currencies that accompany Bitcoin on the ups and downs

[pablomarwan 3082]

It is assumed that all currencies go in the same direction as Bitcoin to which it is moving, or regarding this matter, as I do not know about it, and it may be different from other currencies. not much information on the topic Except that when conversion between these currencies takes place in the Bitcoin currency, it will have a positive reversal

[BrolySSJ 7899]

the entire price of any crypto works simply based on the supply and the demand of that coin. so as the price is decreasing of crypto it means that the demand is lowering and it is likely that people turned their attention to the altcoins therefore increasing the demand of the altcoins and causing it to be green as opposed to the red seen with the bitcoin.

[NevermindNe 549]

Since not all altcoins depend very much on bitcoin and its price, some coins, such as Litecoin, may not fall or rise in price very much when bitcoin rises.

[Rezort 846]

I believe that people just search for other cryptocurrencies which would be just more stable and buy lots of altcoins, however it doesn't work every time when bitcoin is red.

[Mohssine 1725]

There is many coin , but they are not famous coin c like yoda like waves , like wather like usdt . thare is many coin , but this is not all the day when bitcoin is red , this coin will be green.

[gourav789 2834]

this is always happens because some altcoin price depends on price of Bitcoin whenever Bitcoin dump in price then altcoin start working to maintain their price as a result altcoin show green in market .

[Rahul11 292]

On 10/16/2019 at 10:22 PM, sayyedraza said:

Why Altcoins Turn Green as BTC is Red ! ?

As per my analyse and experts speech when bitcoin stay on a price alts price will rise up. Also when bitcoin go down alts go up. But when bitcoin move up all alts gone stopped or even go red.

[Virgil dijk 1431]

Well I think there is more buys than sells in other althcoins than bitcoin that's why it turns green when bitcoin is showing red, and also maybe a big trade was done in the althcoin which made it turn green.

[Honny143 13612]

Its happen some time bitcoin prices goes down and altcoons prices high, because some times any positive news spread in crypto market against altcoins, like any big celebratety are big company release any positive statement, then also altcoins prices increase but mainly it's depends demand and supply.

[Moaz 7239]

I think that the prices of cryptocurrencies depends on the supply and demand in the crypto market, and bitcoin is best of the cryptic currencies and therefore it leads the movement of the market, but in some cases the prices of some currencies rise when the bitcoin is low due to a specific event related to this currency

[Omar Ommeish 4872]

My friend, all currencies depend on supply and demand, the more supply, the lower the price of the mark, and the less supply, the more the price of the currency.

[CryptoLover21 0]

Most of price of the coin is according to its own trading volume and demand and supply of the coin in the market. All coin of the coin is not affected by the bitcoin but we can see some increase in other altcoins too.

[Brand1 1336]

The alternative currency market has turned green because a large number of people have converted bitcoin currency to some alternative currency through trading and because of some activities that many people do, but there is nothing wrong because the bitcoin market will return to green within a short time

[CryptoMaxim 2372]

I believe that not all projects depend on the price of bitcoin. There are some projects that have their own Autonomous demand.