With the rise of bitcoin price, the alts have taken a toll. With almost all alts going to their worst low values for the past few months, especially after their rise.
Even the bigger alts, that are quite high on marketcap have gone down very low.
What do you think about this phase? Will these alts ever be able to come back to their previous heights? Or is the game over for them with bitcoin price sky rocketing?
People want free coins so they want to hold a lot of BTC when the fork happens. This means that people sell alts to buy BTC, BTC price rises and alt prices fall. After the fork it is likely that people will sell BTC to buy alts, so alt prices will rise again
The current fall in alts has nothing to do with alts and everything to do with BTC.