Hi friends:
What is the reason for the large fluctuations of altcoins in your view? Why are altcoins so fragile compared to Bitcoin and fluctuating with the smallest news? Of course, I mean the altcoins that have good ideas, professional support,... not the shitcoins.
In my personal opinion, altcoin is like relying on bitcoin, I even saw a few times when bitcoin prices began to fall, then most altcoins also went down, and vice versa, so I concluded that good altcoin is like there is a dependency on bitcoin.
indeed many altcoin price movements follow the bitcoin price movement but it is very reasonable because bitcoin is the center of all cryptocurrency that exists but sometimes when there are certain events that can increase demand the altcoin price will soar high and not depend on the price of bitcoin.