Overtime i see that whenever there is a dip in the price of bitcoin, other altcoins tends to follow suit by also dropping in their prices and whenever there is an increase in the price of bitcoin, other coin as well increase in their value. Does it mean that other altcoins cannot be dependent on their own? Like must the activities of bitcoin affect the alternate coins at all time? I really want to understand why alternate coins like BNB, ETH, TWT, MATIC, XRP, LTC, DOT, ADA, SOL AVAX and so many other alternate cryptocurrencies are always affected whenever there is a change in the price of bitcoin like can't they be dependent on there own? as they are all cryptocurrencies despite the fact that bitcoin is more volatile than the rest of the cryptocurrencies.
You be omo Naija and there is a popular saying that you should "follow who know road". So we fit talk say other coins dey follow Bitcoin wey know road, e no supposed hard you to understand?
Even though say some of these coins fit dey gain when Bitcoin dey drop in price, such gains na usually because of hype wey no dey last. Memecoins sabi do that thing wella but many of them dey die as fast as them rise meaning say na busy body them dey do. If Bitcoin no support the move, no put body o, make you no enter one chance.