Post
Topic
Board Altcoin Discussion
Re: Why can't the current Ethereum price keep up with the Bitcoin price?
by
lionheart78
on 20/11/2020, 21:45:09 UTC
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?

Ethereum market is independent from Bitcoin Market so, I think it is wrong to assume that everytime Bitcoin price goes up , ETH should keep up.  Remember they have different community, different developers and different marketing approach.  So, possibly the reason why ETH can't keep up with BTC surge is that, ETH had surged already even before BTC market surge this time.