It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
Nobody questions why bitcoin is falling though? I mean if bitcoin drops, most of the alts drop as well we know that much, but lets assume a scenario in the future alts are doing so well that bitcoin is no longer first ranked. But, what happened? Why is it not? Alts being good helps bitcoin go higher so it shouldn't really drop, so for bitcoin to drop and alts go up, there must be something wrong with bitcoin alone and nothing wrong with others and I can't see that happening anytime soon.
It means if bitcoin drops then others drop as well. I know it is not going to be simple to realize that but bitcoin is the locomotive of this market and wherever it goes, the other ones are just following its footsteps to go to same direction as well.