I really want to know why any time Bitcoin increases or go high many other coins will go high too and when Bitcoins drops many coins drops too.
is it that Bitcoin is the backbone of other coins or their is something connected between Bitcoin and other coins.
please I need explanation.
Crypto has its cycle which traders follow, Its not always crypto follows Bitcoin movement because sometimes altcoins move into opposite direction. Altcoins price most often Bitcoin is because other traders that late on riding in Bitcoin gains usually look for other invesment which is altcoins to start or ride the wave that Bitcoin start. The exchange has a trading bot too which reacts on Bitcoin sudden price movement which gives an profit for stabilizing all the crypto price in proportion with Bitcoin gains.