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.
Any coin you see today are inspired by bitcoin, they didn't come own their own, they are all link to bitcoin. Even the ones that you see that they are layer 1 and 2 to scale ethereum chain will still give credit to the original author the bitcoin and that's when they want to give good credit, they must bow to bitcoin and hence when there is a little fall in bitcoin, they crashed like mad just like the principle of gears and gearing.
Altcoins doesn't have good stamina to stand on their own, but I am not sure if you observe the market very well. There use to be a time when altcoins will be pumping and bitcoin will be stable and even if there is decline in price, it's usually in small amount. This is when altcoins have a good moment, look at Solana and Avac for example had a good run of their money from few news they posted some days ago and year, profits were everywhere but observe very well when bitcoin was dump, they dumped heavily because lots of people are very cautious of their investment.