Post
Topic
Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
Slugmonkey
on 11/11/2018, 05:44:45 UTC
Right now, market isn't that mature that the coins can behave independently according to their own project progress. Bitcoin being the dominant currency do have its affect on other tokens. You must have seen that a development news does pump a coin but then it again comes back to its original price where it moves according to the majority market.