Post
Topic
Board Altcoin Discussion
Re: Can ETH Down impact bad effect on Bitcoin?
by
buternasek
on 13/08/2018, 23:48:59 UTC
When the crypto market was sky high, we have seen almost the same ratio within BTC and Eth price increase. When bitcoin price was 12K or more, ETH price was 600 USD, Bitcoin hits the 19K USD Milestone and ETH hit 1500 USD! But at this moment, the bitcoin price is 6300 USD plus but ETH pice only 285 USD! So, this ETH downtrend can impact bad effect on bitcoin? We know eth and other coins price ups and downs depend on the Bitcoin. Then what is now?
ETH does not affect bitcoin at all, just the opposite.
ETH follows the price of bitcoin, when bitcoin goes up ETH also goes up and vice versa. the truth is BItcoin that affects ETH.