Post
Topic
Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
omedian
on 12/10/2018, 10:59:42 UTC
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
The price of Bitcoin, to some extent, effects on the whole crypto market and when the price really falls down, we see the whole market in red. But every altcoin has its own trade cycles, when the team announces any positive news, then the price may change in a positive direction.