BTC went up - alts went down, BTC went down - alts went down, this was the case before December, when cryptocurreny market pumped last time.
But according to coinmarketcap BTC dominance in crypto market is 34%, though it was more than 60-70% on September, doesn't it mean that people started paying more attention ta altcoins and so alts eventually becoming more "independent"?
I don't think it will happen this year or even next, but don't you think that some top altcoins may bypass bitcoin in the near future?
It can happen as BTC has gone down subsequently and recovery has been quite a task right now.But i still believe the next best coin after bitcoin is way below in terms of prices and with that deficit to cover,it will be the very difficult to get into the position of bitcoin or to over that but one thing can happen and validly put in above quote and that is the sale.It has been drastic fall in bitcoin sale and drastic improvement in alts sale,there are many reasons for this but most prime one is downfall of bitcoin and also because of many options in alts for people to invest this will make altcoins more independent.