Yes, they all have a relationship with Bitcoin’s price fluctuation, coins like Ethereum, Litecoin and a lot of them relates with the price of Bitcoin. That’s why you would see almost all the alternative cryptocurrencies you would find in the market going down when Bitcoin is going down and also when bitcoin starts to be bullish, they start being bullish.

It’s called price correlation and the level at which a coin correlates with Bitcoin varies, there are some of them that correlates 100% with Bitcoin, such as Wrapped Bitcoin, it has hundred percent correlation and always maintains the same price with Bitcoin. There are also coins that don’t have much or no correlation at all.