In times of volatility and uncertainty, investors tend to favor one particular crypto that has high liquidity and is stable. At the current time, Bitcoin price trend still dominates the market trend.
However, Bitcoin leading position seems to be doubtable as Altcoins have recorded a stronger rise recently and the market is less affected by Bitcoin. Instead of following the general price trend of bitcoin, many cryptocurrencies also start to follow their own trajectory.
This week, the altcoin works much better than both Bitcoin and Ethereum. The added value of the ERC20 tokens and the increasing demand for small cryptocurrencies of investors in the global market has proved that Crypto investors are more confident in betting their money on this market.
Saxo Investment Bank from Danish, with its aim to focus on online trading and investment, has announced in a recent report that the capital inflows from organizations to the Crypto market will lead to a rise in prices for most of these currencies.
I think Altcoin is generally just a bigger market, but for the most part, bitcoin is the bridge between them. Generally, if you want to buy altcoin, you should buy bitcoin and then use the bitcoin to buy alts. It's hard to find a place to buy altcoin directly. I believe this is what makes Bitcoin and Ethereum particularly so great in terms of all other altcoins. As long as the system must buy altcoin using bitcoin or eth. It is my opinion.