I'm still a beginner in crypto, as we know from time to time the number of altcoins is increasing, but I want to ask,
will the increasing number of altcoins affect the price of bitcoin,?
but in my opinion it will not affect the price of bitcoin, even though the number of altcoins is increasing.
There are people who know other cryptocurrencies, Alts and then bitcoin, perhaps that is where this concern can arise, when one is clear that bitcoin is the main cryptocurrency, it is that do not even we think what is happening down there, with down I mean an order hierarchical, if we highlight what exists in a top as they are usually projected on web pages or exchanges, so perhaps a little exaggerated, but sometimes weeks go by and I don't even look at the top 10.
So no matter how many Alts there are, an influence occurs that is produced by bitcoin.