I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.
This is true. Bitcoin has increased almost 500%, but altcoins haven't. The only effect of bitcoin rally is that altcoins increase atleast aomehow. I don't know the reason for this.
We have to think that the market seems to be not at good now and isn't the perfect time for altcoins. But I believe altcoins will have its turns to rise up and follow bitcoin's remarkable increase, it only needs time to have it. We are half of the year and I know a lot of changes may happen later this year which possible to see that some altcoins will be doubling its current price in the coming days.
That would be true only if the altcoin has real potential in the market, working app/product with long list of users.
Most of the altcoins are not following the market performance of bitcoin because they don't have the real foundation in the first place.
They are clones of bitcoin or eth or other popular platforms. They can't manage to compete with established platforms even if they claim to be the next bitcoin or so.