Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Most altcoins are sold through btc and eth with a certain exchange rate, so it's natural that the price of btc decreases will affect the price of the altcoins, which will also reduce the price. In addition, investment in the altcoins is also through investment or otherwise buying btc firstly.