Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
When Bitcoin price falls it should be the opportunity of the Altcoins to take over as they will have the opportunity to equal the Bitcoin market performance or the ambitious move to supersede Bitcoin someday may become possible to happen but what i have observed that Bitcoin performance will always create domino effect to the altcoins, its just like for better and worst or rise and fall the Altcoins price will always depend of Bitcoin performance.