Is the price of ethereum dependent on bitcoin?

[copyfile]

I think this is true, as the entire cryptocurrency market reacts to the increase or decrease in the value of the BTC itself. More than once we have seen this dynamics, as soon as the BTC rate comes to life and it starts to go up, as immediately all the altcoins begin to crawl up behind it. Conversely, as soon as the price of BTC falls, so immediately without slowing down all the altcoins fly down.

[1715694735]

1715694735

[1715694735]

1715694735

[1715694735]

1715694735

[1715694735]

1715694735

[Docbee]

Judging by my own observation since i have enter into space ethereum and other altcoins depend so much on bitcoin, it is rare to see bitcoin price to drop without altcoins price being affected.

[petronus]

If crypto enthusiasts grow bigger this year then crypto price will increase. the price of ethereum and BTC will grow if the enthusiast to invest increases.

[Masha Me1]

Well, before it was. Of course, everything was draped from Bitcoin. not only the life of Ether. But now the picture is different. I generally think that soon all the Crypto currency will live and depend only on itself.

[Dumlooke]

The signal ball is right up 'til the present time the ruler of the tomb and he on the off chance that he goes down that and all the grave goes in, and on the off chance that he goes up that and all the crepe comes up. This is the market. A few people are on this and acquire just a little persistence.

[lumira555]

I think the whole market is running with the bitcoin position if the bit coin is down market is down and if it is up market is up so i think ethereum price depends on bitcoin 90% .

Agree with you all coins are equal to bitcoin, Ethereum is also equal to bitcoin

[leviathon]

Well yea. Basically all of the prices of the altcoins are dependent on bitcoin so the price of ethereum is no different really. When the price of bitcoin falls then the price of ethereum falls too. Whatever happens to the price of bitcoin does affect the price of eth. There can also be some outside factors that affect the price of eth though like transaction volume and times.

[NikNight]

In the last 2-3 days, bitcoin is growing, and everything else is falling in price. ETH only today is trying to grow up a little. I watched this situation last year before the general pump.

[daunjuan]

All alts are

[victory.lil]

Of course it is. The price of bitcoin affects the entire market, if bitcoin begins to recover in price, it is clearly understandable that people will soon begin to show interest in Atlcoins, because this is a regularity.

[dungthuy]

I think not only eth but other altcoin are affected by bitcoin. Bitcoin is the most popular token and having the biggest influence  into crypto world and the belief of people into it. It is so famous and strong that btc itself can represent for the world market, at least for this moment, so of course eth is affected withou exception

[Crypto Lady]

As for me, the price of any altcoin depends on the price of BTC. Everyone noticed the regularity at which, during the fall of bitcoin, alts fall even more. And vice versa.

[kasianov77]

The price of Ethereum depends on the price of bitcoin. This is due to the fact that the price of bitcoin indicates the level of trust in cryptocurrencies.

[pantheraio]

I think the price of the two coins is indeed interrelated, but the ETH price looks more dependent on the price of Bitcoin. It seems that because bitcoin is ranked first and ETH is ranked second, so both are interrelated.

[b_economic_d]

I think that now the price of any altcoin is dependent on bitcoin. I do not know how long it will last, but this dependence is.

[akuser]

Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

As we know that Bitcoin can be regarded as the king of digital coins, so if the bitcoin price goes down / up it could affect other coins including Ethereum coins as well. We can see in last month's incident when bitcoin prices dropped, affecting the price of other coins (including Ethereum) to fall down.

[globalpain]

Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

it is true, the coher ethereum price is currently being equated with bitcoin and may be successful because nowadays many people are using ethereum like bitcoin because, I also think that ethereum has a good quality coin which is also good with bitcoin and is good for long term investment so do not be afraid to invest in ethereum.

[devilzero]

Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?

it is true, the coher ethereum price is currently being equated with bitcoin and may be successful because nowadays many people are using ethereum like bitcoin because, I also think that ethereum has a good quality coin which is also good with bitcoin and is good for long term investment so do not be afraid to invest in ethereum.

Most of the time this is the case, of course, when ETH has some problems, it will also affect the price of bitcoins. They all interact with each other.

[ORCHIDKA]

Since bitcoin is the common basis for every value of altcoin on the market, the price of bitcoat affects all crypto-isolation. When the bitcoin price decreases, other coins will also fall backwards.

[Maricurijohn]

In my opinion, no, the current BTC price is separate from the ETH, while the BTC is increased to the ETH, which indicates that the ETH price is no longer dependent on the BTC.