Sentences with phrase «influence altcoin prices»
As bitcoin's share of the market grows, its ability to influence altcoin prices has also risen.
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When the existing whales are unable to influence bitcoin prices like before, they are likely to jump to the altcoins because they don't have to counter short sellers there.
Reddit's / r / btc community took the API breadcrumb as a signal that both narrowed Bitcoin Cash's looming Coinbase timeline and provided evidence that Coinbase intended to add trade options for the currency — a significant sign of adoption that would surely influence the altcoin's price across exchanges.
In fact, the price movement of altcoins has largely been influenced by the price of bitcoin.