if btc drops to 7-8k range what happens to alts?
if Bitcoin goes down then the Altcoin price is likely to go down ... but not all altcoins will follow in the footsteps of bitcoin which must go down in price ... because the cryptocurency is very uncertain ... everything depends on volume and demand ... but for now I'm still sure that the price of bitcoin will continue to increase
yes, but today Bitcoin is falling again at 8.6K and Altcoin is falling deeper, the market is really uncertain, after Bakkt started to run and the market is positive but BTC prices are coming down again.
Don't worry, everything will become normal in the coming days, at the CBOE future launching the price of Bitcoin dropped at the same level. Soon we might see the price of Bitcoin will recover, but one major thing is attacking is affecting even the price of Bitcoin increase/decreases.