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?
bitcoin is a role model of all types of crypto that exist today. So, when bitcoin falls, it's very likely that altcoins will also fall unless those altcoins really have advantages and better commutation than bitcoin, but so far I don't think there has been an altcoin that has surpassed bitcoin.
In addition, if only bitcoin prices fell, then altcoin prices would actually fall, and probably most of the altcoin projects would go bankrupt. However, I hope that this will never happen.