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.
Altcoins are dependents with bitcoin since majority of them is used to trade with bitcoin. There was a time when bitcoin continuously dropping while some other alts like Ripple and Ethereum were rising, speculators even thought this would replace bitcoin position in the market, but then again after few months bitcoin remain stable while these alt coins started to drop. Crypto price are really unpredictable though most of the time alts lies on bitcoin fluctuations but still I would like to believe it still the market that predicts what would be the next value this cryptos.