Bitcoin Forum

Have you ever wonder why Ethereum also dropped its value so bad yesterday the same as Bitcoin?

Bitcoin has different blockchain with Ethereum, meaning they don't have a connection with each other, as well as they don't even have the same platform. But why the value is a constraint? Yesterday the Bitcoin drops its value due to some manipulation where some whales take out 10K BTC as per cryptocurrency news.

The question is why is it Ethereum also drops its value the same as Bitcoin? No question about the other cryptocurrencies because we all know most of them to rely on Bitcoin & Ethereum. Did whales or group of people manipulate Ethereum the same as what they did to Bitcoin manipulation?

What is your opinion on this matter?

I think Bitcoin is the representation of cryptocurrency market. If the Bitcoin price is down, it seems there is a negative news on the cryptocurrency market, not on the Bitcoin itself. So almost all will be bad impacted, not just Bitcoin and Ethereum.

Sometimes bitcoin is down, ethereum is up but not much. However, that is very rare happening.

well
because all its connected one to another.
also , if u serious see the prices graph,
u will know, not just two of them.
but all .

Many of ar till now confused this issue.. As I know it not connected ted one another. To know this you have to see the graph you will knbow it not just two all are connected yo it.

Currently you won’t find anyone who havn’t heard the name of bitcoin. To many people bitcoin represents cryptocurrency market. And that’s why if the market price of bitcoin goes down it impacts crypto currency market in a negative way. Cryptocurrency’s connected with one another.

As of now you won’t discover anybody who hasn’t listened the title of bitcoin. To numerous individuals bitcoin speaks to cryptocurrency advertise. And that’s why in the event that the advertise cost of bitcoin goes down it impacts crypto money advertise in a negative way.

This is the reason why Bitcoin will never be replaced. Because after all everyone competes to get Bitcoin, not Ethereum, because they understand the value of Bitcoin. As is happening now, old algorithm-based coins like sha256, etc. are not in demand because they have switched to the ethereum token, where they are easier to get an ethereum base token then sell it in bitcoin. I think almost all people like that. It is not intended to discredit ethereum, but the fact is that bitcoin is a cryptocurrency pioneer even though bitcoin technology is lagging behind ethereum technology.

As of presently you won’t find anyone who hasn’t tuned in the title of bitcoin. To various people bitcoin talks to cryptocurrency publicize. And that’s why within the occasion that the promote fetched of bitcoin goes down it impacts crypto cash publicize in a bad direction.

That big sale from the whales have created so many panic sells in ethereum and any other cryptocurrency. That's why ethereum has been getting a big drop more than bitcoin. they were rushing the bitcoin and just try to sell their altcoins as fast as possible before they will be missing the train. This is the reason why ether gets a big bearish trend more than bitcoin.

Bitcoin is the market leader in cryptocurrency market.all cryptocurrency site look as same sa bitcoin.but I think Bitcoin and Ethereum interrelated with each other.