of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?
You have some points there. The market depends on how bitcoin goes, if its going down all of the coins are affected. Not sure, but I think the whole cryptocurrency would not survive without BTC, it serves as a pillar that once out everything will crumple.
i know that bitcoin is the very first coin and it is the no. 1 coin when it comes to market cap but it leaves a question in my head saying, why does the other coins seems like depends on the standing of bitcoin on the market knowing that each and every coins are decentralized and independent. every time bitcoin price goes down the price of other coins goes down too and when it goes up their prices goes up too. why is that so? can you explain this to me please?
i do believe that there will be a coin someday who will not depend on the current status of bitcoin.