Some people are exaggerate the influence of altcoins on bitcoin market. Most of existing altcoins has zero, literally zero impact on anything.
There are maybe 3 to 4 altcoins right now developed by serious teams of people for some purpose other than pump and dump scheme.
I don't really know if it's that much of an exaggeration though... If you go on exchange sites and see the volumes that the top coins are going for, it's pretty incredible to say the least. Then if you combine the 3 or 4 top coins and that would easily go over 2K BTC or so...
So to say that altcoins don't effect the way the Bitcoin market is behaving is nonsense in my mind. If those people who are in the altcoin market (only) and wanted to sell out into fiat, they would have to sell off the bitcoin value it represents anyways... so that indirectly affects the Bitcoin price (in a way).