Post
Topic
Board Speculation (Altcoins)
Re: Does ETH movements depend on BTC ?
by
moneyangel
on 19/05/2018, 06:30:44 UTC
I think the main reason is not the dependence of Ethereum on Bitcoin, but the fears of investors and traders, with the redness of the market. And they run to withdraw funds to Fiat. In addition, the news that causes the fall affects not only Bitcoin.
Ethereum can grow without bitcoin but the problem I seen was most investors of eth or altcoins will jump or sell their coins when the market goes correction and buy BTC.