Why Is Bitcoin Rising In Value While Altcoins Are Falling?

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Why Is Bitcoin Rising In Value While Altcoins Are Falling?

Let's take a look at the top Cryptocurrencies in today's market in the image above.

While there are exceptions with NEM and Bitconnect, it's pretty clear to see the current trend; Bitcoin is rising while the majority of other coins are crashing.

In fact, the easiest way to show the difference is to compare the Total market Cap (including all coins) with the Market Cap when Bitcoin is excluded. I've included the image below to show the trend over the past few days