While several trends in the past have evidently pointed out that the price of altcoins is heavily influenced by the price movement of Bitcoin, the latest data says otherwise. This week was eventful for altcoins as the price of almost every coin had witnessed a significant surge.  The Big Altcoin Price Rally Satoshi Nakamoto went ahead and gave the world its first-ever cryptocurrency, Bitcoin. This coin further paved the way for the launch of many other coins. Today there are more than a thousand cryptocurrencies excluding Bitcoin. These crypto-assets are identified as an alternative to Bitcoin popularly known as altcoins.…