Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
It is not a major indication that when bitcoin's price pump, altcoins price will drop all of a sudden. It just happen that various altcoin types also get along with the pump of bitcoin. Also, the opposite interaction between bitcoin and altcoin is the balance running on the market. It is not that when bitcoin pumps, altcoin must also pump. It must be a good indication to buy more altcoins because once you trade it for btc, you will have a great profit feedback. Bitcoin will not be a cause to the death of altcoin because it won't happen.