$BTC has broken through the $67,000 barrier, reaching one of its highest prices in history. However, unlike previous Bitcoin value increases, this time Altcoins are not following the same trend. While some of them have seen slight increases compared to last week, others are at lower prices than when Bitcoin was around $61,000.
This situation has generated confusion among investors, since historically, Altcoins tend to capitalize at the same time as Bitcoin experiences increases. However, what we are seeing this time is unprecedented: although Bitcoin has reached a very high price, many Altcoins have lost value or have barely moved.
A key question that arises is: how much more will Bitcoin have to rise for Altcoins to recover their prices from 30 days ago? Some analysts suggest that altcoins are showing some independence from Bitcoin, but unfortunately, that independence is manifesting itself in a downward trend.
The fear of many investors is that if $BTC crashes again, it could drag altcoins to historic lows, creating a worrying scenario for the cryptocurrency market. #BecomeCreator