Join us » Is all crypto dependent on Bitcoin?

Investors are often looking at alternate cryptocurrencies to make considerable profits by trading in and out of them. However, aspiring traders and investors should always be aware that the market heavily depends on one cryptocurrency.

The industry is currently configured in a way such that the flow in and out of the Bitcoin ecosystem is easily monitored and controlled. The high level of centralization through major players like Coinbase has made it easy to track the flow of coins. Yes, this has allowed for an extensive analysis and segmentation of the various groups, as shown above, but it also impedes on the censorship resistant aspect of the cryptocurrency.

To answer it essentially, No, crypto isn't dependent on Bitcoin. Even though you may find candlesticks (charts) identical to some extent it doesn't imply that all Cryptocurrencies depend on Bitcoin.

They exist in one ecosystem like national fiat currencies co-exist with USD. A lot of projects are based on their own blockchains, independent from Bitcoin.

However, I know about a Cryptocurrency which is Tetra Pay. And that is a blockchain-based marketplace, where buyers and sellers meet to carry out operations involving digital goods and assets with cryptocurrency transactions.

Tetra Pay has initiated a transformative idea that will revolutionize cryptocurrency and prove highly beneficial for those holding TPAY tokens.

You may try invest on TPay it's could be a good choice for you.