As I have read from some threads, altcoin growth is based from Bitcoin's price. If Bitcoin is going for a big down movement then altcoin will go down too. Some people called it retracement.
Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?