Are there any altcoins that does not depend on btc price? As most of you know, btc price goes up, altcoin price goes up. When btc prices goes down, altcoin price follows. But are there any altcoins that does not care what btc price does? If so, what are these coins?
Everything depends on Bitcoin no exception, that was why those coins were named as an alternative cryptocurrency. It is an alternative for us to use it and the main cryptocurrency is Bitcoin itself. No matter what project it is, everything depends on Bitcoin. If Bitcoin gets banned in some place, another cryptocurrency will be affected too. On the other hand, if something gets banned in some place, Bitcoin might be not.