These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
We cant feel it directly, it takes time for that and we all notice that our market is moving. We've been only focus on btc price as the highlights of crypto market and we have neglect altcoins trend. Truly isn't that huge impact into altcoins today but later on, we all have noticed it.
in any case, the correlation of the Bitcoin price to the entire crypto currency exists. Even today, you can see that in the last 2 weeks Bitcoin has risen by 6%. At the same time, some coins showed a very positive rise from the bottom, while demonstrating a 15 or 25% increase.