Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?
It all depends on Bitcoin. Its capitalization rules the market, and as we see its fall, although critical for other coins, it did not kill the market.
When bitcoin rises, alts rise even faster. But when it dumps, shitcoins go to 0. With the exception of chainlink the entire top 50 is in the red this past 6 months.
And we're in a long bear market, so alts will continue bleeding.