Recently since Bitcoin are up trends but all most all alt coin are bleeding badly. Really it wasn't expected 
. On previous record we can see if Bitcoin bump tham alt was bump more. I don't know the exact reason for that. I guess alt are waiting for Bitcoin ETF ( Excahnge Traded Fund) for SEC approval. We expect midle of next month we can see the result. Till that alt coin holder should be pataine. At least Bitcoin on bulls run that is good sign for alt holder. Once a time alt will bump too.
The effects on the market of altcoins are going to be delayed for a some time, everyone is keeping their sights on bitcoin and if we get approval the market of bitcoin is going to absorb a lot of money from the rest of the coins, so if you are planning to hold bitcoin for a long time then you need to buy bitcoin now, that way when the price of bitcoin skyrockets you can buy alts for a cheap price.. On previous record we can see if Bitcoin bump tham alt was bump more. I don't know the exact reason for that. I guess alt are waiting for Bitcoin ETF ( Excahnge Traded Fund) for SEC approval. We expect midle of next month we can see the result. Till that alt coin holder should be pataine. At least Bitcoin on bulls run that is good sign for alt holder. Once a time alt will bump too.