Many people say that the prices of the alternate cryptocurrencies are reducing because of the reduction of BTC prices. Bitcoin is know as the first crypto currency but other alternative currencies such as Eth, Ripple, Lite works as individual platforms. Therefore how the other crypto currencies depend on BTCs?
Of course interconnected, because of the possibility of many exchange markets, they are paired together. Of course it will not be exactly the same, but it seems that if the transaction volume ratio is not too big compared to total marketcap, I think there will still be correlation.