Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
I'm aftaid for now, it is partially true, say 70%+ true. Because if you look at the charts of Bitcoin and ethereun is the past years till now, you will see a high degree of positive correlation between them.
Well, I think this is quite normal, since the whole market consists of bitcoin. It is like a means of payment in the world of cryptocurrency.