From yesterday the price of bitcoin got increased upto $400 due to the speculation of ETF approval by SEC which made all the other crypto currencies to bump with the same level of bitcoin so which shows that if bitcoin prices recover all the crypto currencies will be able to recover.
Do you agree that?
As soon as bitcoins start rising up, most of the big whales start converting most of their coins into bitcoins which truely rises the price for bitcoins but on the other hand also decreases the price for the altcoins. Not each altcoin is affected by this and majority of the alts start rising as soon as bitcoins start rising because a vast number of peoples start involving into the decentralised nation.