Post
Topic
Board Altcoin Discussion
Re: Can ETH Down impact bad effect on Bitcoin?
by
kalstarzz
on 20/08/2018, 15:05:19 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?
what I see is the decline in the price of the ETH cannot give effect to bitcoin. because in the world of crypto Bitcoin is the most powerful coin and is able to influence other coins and is not affected by other coins.