I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.
As you can observe, bitcoin price is associated with others. Do take a look at graphs and charts, you can see that when bitcoin's price increase, the same as follows with other cryptocurrencies. when bitcoin's price decreases, the same also for the other altcoins. But the question is, what makes the value of cryptos change? what factor affects it?