Crypto Exchange Reform - base their liquidity on the US dollar or stable coin

It seems to me that the exchanges basing their liquidity on Bitcoin is a single point of failure for all the altcoins including Cardano. Reform should be called upon by all of the respective foundations to have the exchanges base their liquidity on a stable coin, the US dollar or the Euro.

When coins are in a nominal state, meaning they are not in a buying or selling trend, the price of a coin will be in direct correlation with Bitcoin with no changes in volume - the graphs line up almost perfectly. This is not right.

Every coin should be able to stand on its own, independent of Bitcoin’s price.

As it stands now, if Bitcoin should collapse or have a bad day, month year, etc. it will take down the rest of the industry.

This is a single point of failure for the industry and it needs to be corrected.