I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.
Is there no independence in the cryptocurrency world?
Thank you!
Connected in terms of price, I would like to think so especially those with smaller communities because when bitcoin is affected with some news and it crashes or pumps, other coins do follow but not all the time.
Then there are times some when bitcoin is going down but some altcoins are reacting opposite which says they aren't dependent on btc.