I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.
However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.
Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?
This will come with time as the public are more aware of other cryptocurrencies and their benefits, right now for many bitcoin and cryptocurrency are the same thing when in fact bitcoin is just the tip of the iceberg.