You seem to want to score points rather than discuss which is frustrating.
I am sorry by disagree with you but after more than 15 years since January 2009, Bitcoin is no longer a new asset. This fact proves by a factoid in Bitcointalk forum.
English doesn't appear to be your first language, so let me explain: compared to stocks, gold and foreign exchange - bitcoin had for many years been an asset that the financial sector has considered
relatively 'new' and struggled to price.
You are saying opposite to the truth. Altcoins are affected by Bitcoin up and down but Bitcoin is not affected by altcoins up and down. Altcoins depend on Bitcoin for their trends but Bitcoin leads cryptocurrency market includes thousands of altcoins.
Bitcoin has nothing to do with Terra or FTX collapses. They have own businesses with bad capital and risk management so they collapsed.
Again - please read the original post instead of arguing with a point I didn't make. Bitcoin is affected (for example) when any collapse results in forced sell off of bitcoin assets. I didn't say it was affected by the price movement of altcoins themselves.