bitcoin has gone up to $6200, but why is ethereum still stagnant at $170. Does this mean that ethereum won't rise again?. I was thinking of buying ethereum but if I look at it like this I might cancel it.
does this mean that ethereum will be one of the altcoins that won't rise in the bullrun this time?
Ethereum will definitely rise again, Ethereum is an altcoins and I don’t expect it to perform along with bitcoin, it has its own way of operating even though they perform similar functions. I believe when the time comes which is usually the altcoins season, ethereum will definitely rise up.
Bitcoin is the one dominating the general market now, and I think it is only bitcoin that is responding to the bull market now. Let’s just be patient and not be too conclusive that they are not going to rise, we all know how good ethereum project is and how hard working their team also are, people are just currently taking advantage of the uptrend of BTC to make profit, that is why all attention Is not on alts now.