Quote from: masterrex on Today at 12:34:31 PM

Quote from: restuibu on November 19, 2020, 11:25:12 PM

We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?

Mate thing is different now compared to the 2017-2018 Bullish period. Because the growing price of Bitcoin today is due to the institutional players/investors that pouring some capital into the market thats, why we can't, say that this price boom is just a bubble, Its the same as Ether actually Eth has already breached the $500 dollars price level today. I believe in December things might change in all top-ranking cryptocurrencies in the market If Bitcoin price continues to grow top altcoins will also grow next.

Yup, I'm sure the ethereum price movement will be in line with the bitcoin price movement in the end. ethereum is just waiting for the momentum to rise again, besides that there are still some issues they need to resolve such as gas fees and others, but I'm positive that ethereum will have a good price at the end of the year (December).