Can someone tell me why the Alt coins price is affected so much my bitcoin price? I feel.like I'm investing in excellent altcoin projects but due to bitcoin they just seem to plummet........argggggg. Many thanks in advance
The transaction volume between them is not uniform and of course the transaction volume of bitcoin is larger and the altcoin is smaller. That means that just a large enough amount you can make an altcoin with low transaction volume increasing the value to several times. And of course if you want to make bitcoin more valuable you need a huge amount of money to do that.