ETH lost space because ETH 2.0 was delayed again.
It's not a surprise and it just shows how BTC is doing a good job so far. ETH devs are really having some issues to provide a working and safe code.
Bitcoin works, no doubt!
That's right, unless ETH 2.0 is released there will still be big problems in the Ethereum network and many users will have great difficulties working on Ethereum applications due to the high fees, there are a lot of projects that have moved from the Ethereum network to Binance, Polygon or other networks to get rid of the problem Congestion and high fees on the Ethereum network and this is causing huge losses for the network, we have to wait for the ETH 2.0 upgrade to finish until we see the exciting movement on Ethereum again.
This is true. As it's true not to be related to bitcoin rises. Ethereum has its features to determine its value whatever the condition of bitcoin despite it's the most marketcap with more than 40% from the global. Ethereum is the second since 2017 and didn't lose volume despite all the network transaction related issues.
Was actually surprised that ETH had able to retain the no. 2 spot despite of having that high fee issue which had been sitted for a while now and still unresolved.
You could normally see top altcoins doesnt really always correlate with Bitcoins price no matter what the trend is but most of the time it do really follows but there are situations which
it do really goes to opposite.
Thats why having diversified portfolio and sticking with top ranking altcoins in the market isnt really that a bad idea.