So I am a newbie and I always had this question in my mind why all altcoins are backed with BTC because at times like these altcoins are the most affected one there are some really great altcoins out there but due to this correction we can see a massive drop in those coins and I don't think it is fair to other coins that because of only one single coin they also see a massive drop.
I am saying again I am just a newbie who is trying to understand these market.
Thank you
It is not Fair or unfair, but a matter of market demand and the supply of coins in the market, and in general everyone looks at Bitcoin and makes it the market benchmark, this is why when Bitcoin drops in price, the common thing that happens to Altcoins is to follow the trend of Bitcoin, unless certain coin developers are able to withstand it with a high price wall.