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 $1k
Actually what happened to ethereum?
This is an imbalance when compared to the ethereum price in 2017. Maybe it was quite disappointing when bitcoin was skyrocketing, the ethereum movement did not look free.
I heard about this disappointment a few months ago due to the high ethereum gas price. thus becoming an obstacle for many investors who wish to shift their ethereum balance from their personal wallets to exchanges. it shows that market demand was not the same in 2017.
Now the Ethereum price had boost up to 500$ and many was holding for this time.Don't sell Ethereum now, you need to wait since the price get into maximum. Now Bitcoin price had crossed 18, 600$ and it was sole reason for the rise in Ethereum price.