Ethereum & Litecoin Didn't Trend Bitcoin

[djcjwags]

First, I hope you'll respect I'm a newbie having started only in November.

One observation in that short time is that any significant increases in Bitcoin generally had Ethereum and Litecoin following with increases of their own.  With the push to and exceeding $12000 ($12500 as I write this), Ethereum and Litecoin are both down (nothing of great significance, though).

It could be just a blip in the grand scheme of things of no consequence, but I wonder if there is something else at play?  I could certainly point to IOTA taking off almost over night and surpassing Ripple.  I had texted a friend about IOTA being $400 million under Ripple.  Here we are 24 hours later and IOTA is $4 billion over.

Anyone else share the same observation of Ethereum and Litecoin not seeing a little boost of their own when Bitcoin hit its new high?  Any significance other than coinciding with IOTA moving up?

[yonton]

It seems that ethereum ltc and xrp are losing ground to BTC, forks, ico's and all the new coins coming in. I hold most of the old coins unfortunately ;(

[Sephire]

BTC is certainly leading the march in momentum but sooner or later other top coins should
 catch up with it. 

[djcjwags]

That being said, the reality is ETH is up 55% for the month and LTC up just under 90%.  It's hard to get too excited over ETH and LTC not trending BTC with those nice returns.  Going forward, I'll be interested in seeing if ETH and LTC take on a life more of their own, go back to trending BTC, or perhaps investors will lose interest.  Time will tell.