Yes you are right
it is actually Bitcoin is a name of trust
Many other altcoins who were supposed to be a good project falls down to earth and drowned millions of dollars like Luna ,Celsius etc;
But bitcoin is never even imagined to do so
Moreover it is for the reason that Bitcoin was the first cryptocurrency ever came into being
..when it falls other altcoins also falls and consequently when it pumps
other coins also pumps accordingly
the % change may be different for pump and dump but still Alts move according to Bitcoin
..