The rise in the price of BTC (Bitcoin) has certainly had an effect on the market. With its increasing value, there has been a surge of interest and investment in this digital currency. This has led to a ripple effect on other cryptocurrencies as well, driving up their prices as people seek alternatives to Bitcoin.
Furthermore, due to its global reach and impact, fluctuations in the price of BTC can also have an influence on traditional financial markets. For example, when BTC experienced a sharp decline in 2018, it also caused stock markets around the world to drop.
So guys what are your thoughts about current situation.
Actually you have said it all because bitcoin have a very big effect on bitcoin and I know quite well that without bitcoin increment other cryptocurrencies like altcoins will not have enough support in the market so that is while many people do like invest in bitcoin knowing that bitcoin mastermind the increment of sub coins for growth, so therefore I believe that bitcoin is the genesis of increment of any other coins