Post
Topic
Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
burdagol12345
on 05/10/2018, 23:31:59 UTC
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

Btc leads the cryptocurrency, somehow your thought is true. Market cap is being capitalized by bitcoin so any mvement from it will surely affect the other coin in the market. Hopefully, in the coming years alternative coins will be independent from bitcoin movement.