Price of Bitcoin and Ethereum

[The Cryptovator]

Today, Ethereum reached $3K, which is an ATH in a couple of months. Comparing to Bitcoin price still Ethereum have to raise more. So still, Ethereum isn't in the bull market. Alt season will start when Bitcoin becomes a stable zone for a couple of weeks. But we can see Bitcoin is still highly volatile at the moment. So over all, it's Bitcoin time, not altcoin. Altcoins are preparing to move if Bitcoin doesn't fall a lot. 

[GeorgeJohn]

Everyone is aware that Bitcoin is the king of cryptocurrencies and it is the thing that generates a value to altcoin, because without Bitcoin being increased in market no altcoin that will continue to experience a positivities in the market so Bitcoin increment also contribute like 80% of altcoin acceleration in cryptocurrency network so what I'm saying in essence is that it is a bitcoin that they give rise to order cryptocurrencies because without Bitcoin to increase ethereum cannot experience and increment in the market likewise other altcoins that we seems that have a potential in the market.

So whenever we are investing in altcoin we should also try to study the chat graph of Bitcoin because if Bitcoin candlesticks is showing negativity being red that means their is every tendency that altcoins will not experience a bullrun, but when bitcoin the movement of the candles sticks is showing green that means that their is every possibility that altcoins especially ethereum will experience positive, in summary we don't need to compare bitcoin blockchain technology to ethereum, because bitcoin give rise to other sub coins.

[lalabotax]

Bitcoin and Ethereum. Bitcoin is the cryptocurrency king. Bitcoin holds the number one position in cryptocurrencies and Ethereum holds the second position. I read somewhere before that when the price of Bitcoin goes up, so does up the price of Ethereum too. And while checking the market today I noticed that, really the price of Ethereum has risen along with the price of Bitcoin, Bitcoin price today is 52k and Ethereum price today is $2825.65, and Bitcoin has gained 15.9% in the last 7 days and Ethereum has gained 16.6% in the last 7 days. So does the price of Ethereum really go up when the price of Bitcoin goes up? And does Bitcoin's bull market actually coincide with Ethereum's bull market? What is your opinion on this matter? And correct me if I'm wrong.

Ethereum price movements often follow Bitcoin. And this is one of the coins that has consistently been close to Bitcoin's movements for a long time. So there is no doubt that Ethereum is actually that trusted. Yes, currently they have many competitors, in fact, Ethereum's market cap is still nothing that can be beat in the altcoins row. However, if comparing Bitcoin and Ethereum, of course BTC will always dominate and be number 1.


However, if we look at the price increase at any time, especially within a day, sometimes the amount of increase in ETH in a day is higher compared to the percentage of Bitcoin. So ETH is indeed quite strong in certain period

[_BlackStar]

Today, Ethereum reached $3K, which is an ATH in a couple of months. Comparing to Bitcoin price still Ethereum have to raise more. So still, Ethereum isn't in the bull market. Alt season will start when Bitcoin becomes a stable zone for a couple of weeks. But we can see Bitcoin is still highly volatile at the moment. So over all, it's Bitcoin time, not altcoin. Altcoins are preparing to move if Bitcoin doesn't fall a lot.

Ethereum is bitcoin's closest competitor in terms of market capitalization - both dominate the market by different percentages, but bitcoin is the most dominant coin. Ethereum has increased by 75.6% in the past year - while bitcoin has increased by 110% in the past year.

Apart from Bitcoin - I tend to believe that Ethereum is a cryptocurrency that has good potential in the long term. It might be good to get some long-term investment portfolio with the aim of diversification - but Ethereum usually takes longer to break the previous ATH, and even then it depends on how the bitcoin price trends in the market.

[OgNasty]

It seems to me like the incredible run ETH has had over the last several weeks is in anticipation of an Ethereum exchange traded fund being approved in the future. The price now tops over $3,000 in a clear move towards a new all time high for ETH. I suspect both BTC and ETH will be hitting new all time highs within a year.

[justdimin]

All other altcoins grow along with the Bitcoin market. There are many coins that go up and down with Bitcoin and Ethereum certainly compares to Bitcoin. When the price of Bitcoin goes up, almost all coins go up in value, not only Ethereum, but all other coins go up. Ethereum is the most popular currency after Bitcoin where people invest most of the time and this currency fluctuates with Bitcoin, and it is definitely likely to go higher in the future.

It is just the way the market works, bitcoin is the king and because of this when the price of bitcoin goes up, unless there is a scam or failed project, everything else goes up and should be the most important part. I know that it is going to be fun and I know that it is going to be entertaining and all to watch them all go up, but we should be careful as well. In this regard, bitcoin and ethereum are great because you end up with something that will benefit everyone.

We should probably consider the fact that ethereum is the king of altcoins, and bitcoin is the king of crypto. When you think like that, you realize that investing heavily into these two could mean a great return for anyone and the risk would be very small as well.

[AnonBitCoiner]

Bitcoin is termed as the king of all crypto coins so if bitcoin goes higher in price then not only Ethereum but all of the other altcoins will go higher because they follow the price movement of bitcoin. You will have experience that when the Bitcoin ETF was approved then more than bitcoin Ethereum show greater achievement in its worth. Every coins is changing its position according to changes occur in bitcoin so there is a clear thing that Ethereum will pump and dump according to the pump and dump of bitcoin so accumulate Ethereum also to take benefit from both of top coins.