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
This is not entirely true, maybe in the past it was too related that every bitcoin dropped meant that altcoins rose and every bitcoin rose, altcoin dropped.
Since plunging into the trading world a year ago, there have been several altcoins that have no effect with the rise and fall of bitcoin but this year it has actually lost 50% of its value.
I think because of market demands, the lack of passion for the market and the lack of good news affect the price of altcoins today