BTC is really putting a hurting on the other cryptos right now. This happens everytime. Everyone wants to sell off all their crypto to try and get in on that 5% btc rise. They will take a 40% lose to try and get a 5% rise. Free money for the smart people though. So I cant really complain to much.
This only helps those with buy orders set in. Panic sellers can be both favored and hated, just depends on your trading style.