I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Virtually the prices of other coins are determined by the price of bitcoin. Moreover, bitcoin has over 50% of the entire market cap, so it is very easy for the market to easily be influenced by the price of bitcoin.