Altcoins with large market cap will follow BTC trend in most cases.
for the last 10 days the market has continued to bleed out,
BTC went from 9,400$ to $8,100, so if you had 10 BTC ten days ago, you would be at a 13k loss right now with the same holding. ETH having the same issue: ETH was at 190$ and fell to $176 and continues to bleed, if you had 100 ETH 10 days ago, today you would be at a loss of $1400. BNB: 10 Day high was 21.50$ and today is $18.70 if you had 100 BNB you would have a loss of $270 today.
Too me it looks to be following the same downward trend, attest for the top 10
Key factors influence the market more then speculation.
1: Facebook libra, sumer 2019 was announced causing bitcoin to soar to 13K, after months of regulation and negative publicity, the market saw a decline as investors lost hope for a early adoption of libra.
2: Facebook testimony earlier this month to regulators caused bitcoin panic and crypto prices dropped significantly within minutes after the announcement
2: Chinese President announced this month in the media that china had interest in crypto currency and this cause the market to boost from low of $7100 to 10K in just hours. Since then the president has been toning down his stance on crypto causing the market once again to fall.
In my opinion BTC and altcoins will only benefit from positive media and significant adoption by major players to get investor hope back into investing.