Quote from: Sled on November 23, 2020, 11:29:16 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?

2020 is a different scenario compared to past Bullrun. I'd notice it also, altcoins never have the rally even we are already in the bullish season but instead of seeing them still in red color. Very unlikely but we can't push investors and traders as well to choose them and even for ETH for their investment and for trading. Bitcoin is more influential, profitable which gives them an option to make a deal with it than choosing ETH or any altcoins.

Bitcoin is down, it's down...so as ETH of course, this is what really is happening now, bitcoin rises more than ETH but ETH falls more than bitcoin, so it cannot keep up the usual, the time for altcoins is gone, the hype is over, and as we can see, bitcoin dominance still hasn't change significantly.