Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
Yes altcoins are depending on bitcoins because it was the first cryptocurrency that has been created and you will always notice that every time the price of btc pumps up every cryptocurrency is also rising.
I think so, but in my opinion it also depends on market demand or what you mentioned earlier. Bitcoin is the main coin and there are many people who know and become a benchmark for other coins, if Ethereum I think not because sometimes the price of Bitcoin rises Ethereum also does not rise.