I have realized that whenever the value of bitcoin drops in the cypto market almost all the altcoins' values also drop. Bitcoin is and has been the father of all cryptocurrencies but i still do not get the relationship and the rationale for the effects of bitcoin value on altcoins.
Bitcoin has a lot to do with altcoin, Bitcoin controls the trading of all coins by offering exchanges with Bitcoin which of course has a big effect on the altcoin to rise or fall depending on the current Bitcoin trend, many people are affected by the price of Bitcoin when it drops very low they will throw away all Coins because they are afraid it will have an impact on all coins, actually, that's right, no one can beat Bitcoin while Bitcoin holds the full market, this is a reasonable reason.