NexusFi: Find Your Edge


Home Menu

 





Effect of Bitcoin price on Altcoins


Discussion in Cryptocurrency

Updated
    1. trending_up 1,504 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
cury
Dhaka, Bangladesh
 
Posts: 1 since Sep 2022
Thanks Given: 0
Thanks Received: 0

Hello everyone, how sometimes altcoins price follow bitcoin price like copy-pasting? How come selling/buying across all altcoin happens at the same pace? Or is it just algos rebalancing altcoin price with respect to BTC and order book has nothing to do here?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Sundays Verdict: Lebanon Locked at 99.85% as Iran June 7 …
Prediction Markets & Event Contracts
CFTC Rewrites the Rulebook -- Kalshi Cracks $1B Non-Spor …
Prediction Markets & Event Contracts
The Backwardation Signal: How the CL Futures Curve Tells …
Commodities
Thursday May 28: GDP + Core PCE + Jobless Claims All at …
Traders Hideout
Prop Firms Are Banning Gold Trading as Record Prices Mak …
Funded Trading Evaluation Firms
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks
  #2 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT Stellar & Tradestation
Broker: Primarily Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,241 since Dec 2013
Thanks Given: 4,586
Thanks Received: 10,531

Maybe research stock market 'Beta'. I would conject that most altcoins generally trade with a Beta of >1 with respect to Bitcoin.


Reply With Quote




Last Updated on October 2, 2022


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts