Post
Topic
Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
Samolet
on 19/09/2018, 18:47:27 UTC
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

It has long been believed that the price of Bitcoin has a direct impact on the value of other virtual currencies. In the event of a growth or decrease in the bond, albeit with a slight delay, other coins, including the Ethereum, react to price changes. So on the question whether the Ethereum depends on Bitcoin, we can answer positively.