These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
This could happen if people will sell there altcoin and ride with the price rally of bitcoin. If bitcoin will stabilize in a certain level, investors will start buying altcoin to get profits. Although this is only a common scenario but this will also depends on the community of altcoin and the product.