$BTC The Effect of BTC on other cryptocurrencies

$BTC The decline of Bitcoin (BTC) can have a ripple effect on other cryptocurrencies, known as a "crypto market correlation." As the largest cryptocurrency, Bitcoin's price movements influence investor sentiment and market trends. Many investors follow Bitcoin's lead, buying or selling altcoins based on its performance. However, not all altcoins are equally affected, and some may even gain value during a Bitcoin downturn. The impact varies depending on individual market conditions and altcoin characteristics, making each cryptocurrency's response unique.