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?
All altcoin conditioning depends on bitcoin. There are a few altcoins that only depend very little on bitcoin. But generally Bitcoin controls this market. The higher the bitcoin, the more likely the whole altcoin will go down. Altcoin only increases as capital inflows from bitcoin or bitcoin prices can not continue to increase. In the future I think the price of altcoin will increase again. I have seen the funding of the MOF is gradually moving to altcoin