The relationship between Altcoins and Bitcoin is not direct. If one altcoin's price increases that doesn't necessarily affect other altcoins or Bitcoin. BItcoin generally presents itself as the representative, being the first and at the top of the value chain.

Bitcoin hitting record breaking trade volume in Venezuela yet again reminds the world of Bitcoins popularity. This is a result of the great inflation in Venezuela, as people are trying to transfer the money to bitcoin to fight against the devaluation.