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?
Definitely it is the flow in cryptocurrency stats where in bitcoin rise its value so do follows most of the other cryptocurrencies to go rise in value also. Bitcoin can affect the value of cryptocurrencies , when it gets high others follows , and when it gets low others also gets low and it is the cycle in cryptocurrency price differences.