Post
Topic
Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
siap86
on 29/08/2018, 06:54:01 UTC
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

The market seems to influence each other, even though the percentage will be slightly different. I think the market today is very much influenced by short-term traders, which is why some of them have the ability to influence prices. And when significant fluctuations begin, all krypton will have the same direction as Bitcoin, even altcoins like Ethereum.