Since the last week this question is also roaming in my mind, i really haven't got satisfied answers to why altcoins are also influenced by bitcoin price drop.
If aktcoins have no relationship to bitcoin, then why should a trader sell altcoins at same time when it is panic selling in bitcoin? I think it actually happens when large investors dump these coins at same time intentionally, no other reason seem to be behind altcoins selling
we have the same thoughts.