Bitcoin Rise is Hindrance to Other Cryptos

The crypto space is beginning to bubble again as the number one digital asset bitcoin, rises, breaking through the barriers of the bearish market that has pinned it down. Just like the playback of what happened in 2017, Bitcoin is soaring again, awakening enthusiasts and detractors alike. Bitcoin is the tide that raises all boats in the crypto industry, as the first grandchild of blockchain technology.
All the cryptos went down last year as bitcoin started sliding down, but it is different currently as the champion crypto price has risen to $4,700 with an increase of 14% in twenty-four hours, hitting a market capitalization of $83 billion, at the time of writing. Other cryptos like Ethereum (ETH) and Ripple (XRP) are not moving in the same frequency except Litecoin and Bitcoin Cash (BCH). One begins to wonder if the number one crypto is not generating enough force to pull others along.

Other crypto holders who seem to have noticed the sluggish movement are not quite patient about this, instead, they are considering swapping their cryptos for BTC. So many tweets have been flying about particularly encouraging Ripple XRP holders to swap XRP with BTC.

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