100 words explain why Bitcoin rises and altcoins fall! Gold and Bitcoin have safe haven properties, and when deflation expectations are strong, prices often rise to hedge against deflation risks. Counterfeit coins, real estate, and stocks: During deflation, the demand in the real estate market drops significantly, making it difficult for companies to make profits. There is no safe haven capital injection into the stock and counterfeit coin markets. Root cause: altcoins do not have safe haven properties in a deflationary economy!