It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
Nah, this is a normal day in cryptocurrencies given their current nature being highly volatile. If you observe that some prices of altcoins are steadily increasing while the price of bitcoin is not, then you may take that as an opportunity to acquire some altcoins for additional investment.
It is relatively difficult to look for a correlation about the increasing/decreasing of the price of bitcoin and altcoins as they are different.
Nothing big, what we see in the market with bitcoin and altcoins is the regular market moves. We don't have anything to describe in particular, as there is no big news associated with cryptocurrencies. Like the ICO and IEO that made a market rise, now the DEFI tokens were playing its role. As a part more such projects have gained good marketcap, this will last until something new enters the market.
That is true. If the increase in the price of altcoins is significantly huge compared to bitcoin, then we can deduce or speculate on why such thing happened. But with minor changes to its price, treat it with a grain of salt and consider it as an opportunity to either buy/sell some cryptocurrencies.