The price trend of Bitcoin (BTC) often affects the market performance of other cryptocurrencies (i.e., altcoins).
When the price of Bitcoin rises, investor confidence increases, and they may allocate some funds to altcoins in search of higher returns.
However, recent data shows that the price volatility of altcoins has weakened its correlation with Bitcoin,
some altcoins have exhibited greater stability during Bitcoin's fluctuations.
Therefore, although the rise of Bitcoin may drive the altcoin market, this correlation effect is not absolute, and investors should carefully assess market dynamics.