Quote from: makishart on Today at 01:43:07 AM

Quote from: Mime on July 28, 2020, 01:23:05 PM

Today the price of Ethereum is still +$300. We all agree that the price of Ethereum is influenced by Bitcoin price. If BTC bullish again then the price of Ethereum will go up to $400 soon.

it doesn't strongly influenced by the bitcoin price. in fact ethereum is still growing even bitcoin faced a small correction. That means ethereum is not strongly correlated with bitcoin I think you must go to the CMC to see the fact of ethereum price. Bitcoin doesn't give a lot of impact to the ethereum again.

However, if the Bitcoin price suddenly drops, this whole altcoin will surely have a big adjustment. The market is getting better, but Bitcoin still has a role in determining the next trend of this market, so nothing is certain when you buy. It is possible that ETH price does not follow Bitcoin during this period, but it is undoubtedly Bitcoin having a great influence on Ethereum at any time.