As we know, especially since the emergence of several new crypto currencies that we are more familiar with as Alt-Coin, at the same time finally Bitcoin has been officially declared the pioneer of the only crypto currency and it is valid until now.
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.
Most ICOs generally hold Alt-Coin, for example Ethereum, Eos, Litecoin and others. So, I don't think the effect of the bitcoin price fluctuations will have a direct impact on the ICO, but surely this impact will hit the ICO slowly.