It's not a secret if I must say.
Others follow while Bitcoin moves
Altcoin wouldn't have a market without Bitcoin
So if Bitcoin catch a cold, they will have a fever with some getting cancer.
Yeah they need Bitcoin to survive, Bitcoin isn't just a first mover
It is the face of Cryptocurrency.

Altcoins are 100% scams designed to part you from your money. As the saying goes a fool and their money are soon parted.

Altcoins are similar to romance scams, phishing scams, tech support scams, etc. but using a lot of high tech buzzwords and hype to take scamming to the next level.
Which is why the scam and fraud industry is a multi-billion dollar business and growing every year.

Sadly it isn't difficult to take advantage of the average person, you just have to appeal to their human greed, ignorance and stupidity.

Bitcoin is the king of cryptocurrencies, we have to accept that when the price of Bitcoin goes up, the price of altcoin goes up and when the price of Bitcoin starts to go down, the price of altcoin goes down a lot. If the price of Bitcoin falls, it recovers quickly. But if the altcoin price falls then it becomes very difficult to recover. Bitcoin started to rise again, reaching around 99k. But you will find that altcoins will not recover easily. So if you want to invest, do it in a trusted currency like bitcoin, don't go to altcoins. Altcoins are very risky, if you lose it you won't get it back.

Sadly that's true. And it is altcoin developers' fault as well as the users who only care about making money!

Innovation mostly died in the cryptocurrency world and over the past decade we've seen very little of it. Instead we've seen so many money grab projects that are created to be pumped and dumped, and people love them. Therefore that's what we mostly see in the altcoin market.
Basically every time I hear someone say this new coin is "better" than bitcoin, I know I'm most probably dealing with a shitcoin and it makes me sad because I really like this technology and want to see it improve...

When that's what they create (useless coins) they obviously have no potential and people obviously don't have any faith in them. So when the only useful currency makes any kind of move, they dump their altcoin bags and come to the bitcoin market. When that move is in the downward direction, they also panic and sell their altcoins more than they sell their bitcoin. Therefore we see a bigger altcoin dump every time.

That's how it happens every single time. When Bitcoin jumps, altcoins jump too and vice versa. I am obviously not counting meme coins here as these are not real coins.

I think it happens due to the dominance of Bitcoin on the crypto market. Every single altcoins can be traded with Bitcoin in almost all exchanges. So when the value of Bitcoin changes, it impacts the value of the altcoins as well. I mean that's a trend that's ongoing since inception of I am not wrong.

Bitcoin deciding the fate of altcoins is what has been known for long. That's why an investor in the crypto space should think of Bitcoin first as the right investment to make before they think of other investments to make in altcoins because that's like taking the risk of an investment that is not always favorable to the investor.

Even if there are other Altcoins that are actually trying to innovate something I can agree with you that 99% of other coins are just simply duplicate and lack any proper innovation. Many will say bitcoin is the first coin and that’s why it takes the lead and I usually debunk this and simply say that bitcoin utility is what drives it or gives it its value and been considered as investment.

Bitcoin dump usually signifies that there is a negative impact on the market and as such every investors usually go for very volatile coins that’s why the Altcoins usually suffer more because they are not guaranteed of survival after every huge dump. For bitcoin it’s investors know that even after dump their is belief it will come back up again but Altcoins doesn’t have that guarantee. Reasons why they heavily hit most especially those without any utility

This has been the pattern for some time now. The price movement of Bitcoin determines how the altcoin market will go. Bitcoin is the pathfinder of cryptocurrencies this is why altcoins will always follow its path. There have been several developers who have predicted that their coins will become better and more valuable than Bitcoin, but all of them turned out to become pump-and-dump coins. Even some altcoins that have been around for a long time cannot be trusted because they have some lapses.

Yes, and a ton of shorts got wrecked (again) and lost their shirts when it bounced back over 100K almost immediately. Some people just never learn.

The AltCoins market has always been excelling by market manipulations of it developers strategically on the advents of following trends to bitcoin movements so investors who develops rhymes of their bitcoin investments can assume to also play along in the he AltCoin market.
Earlier yesterday bitcoin fell a decline of $91,229 which was so reddish as dipped that also followed the crypto market where other Coins went dipped and reddish in the candle light and then, most of the Memecoins was at the valueless levele but as at now bitcoin has been to regain it market values to had already reached $101,616 with the green light, the AltCoins has also followed the trend that's why I'd stick to call the AltCoins a follow follow of bitcoin.