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    Author Topic: why is bitcoin price important?  (Read 3769 times)
    cloudfir3e
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    July 21, 2022, 02:10:55 PM
     #101

    the importance of the bitcoin price for investors and traders because bitcoin exerts a lot of influence and control on most of the altcoins that are spread on the crypto market.

    therefore altcoin prices are usually measured and tend to follow the ups and downs of Bitcoin prices.
    These pioneering crypto assets may be flanked by more than 3,000 competitors, but still account for more than half of the entire crypto asset market cap.
    The crash of the bitcoin price will also affect a significant downturn in the cryptocurrencies market

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