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?
Just consider what you'll do if Bitcoin absolutely crashes. Are you going to start investing in alternative currencies, or are you going to stop investing altogether? Every regular person who invests in cryptocurrencies experiences the same response. The technology that connects the cryptocurrency world is known as blockchain, and Bitcoin is to thank for its introduction to the public. And Bitcoin, the dominant cryptocurrency, is the most dependable digital asset. Trust in the crypto realm is undoubtedly shaken when it fails. I have no idea what the future holds, but I think that at some point, this may be the pivotal moment. But I guess it won't be the end of crypto because the world will certainly be willing to embrace the concept of crypto.