Why does Btc value affect Eth

[DAMKAR]

For the past weeks when the market was red, I observed that the value of Btc affects almost all altcoins,  Ethereum inclusive. Why does the valuend of Btc affect Eth

Because bitcoin is the first of crypto currency, That's the reason why BTC vallue affect ethereum.

[fishbone]

Most mostly crypto coins are being affected by Bitcoin because the market price value of Bitcoin control the cryptocurrencies.That's why when we have a bad market price on Bitcoin,all crypto coins will drop.

[pacar_tiri]

For the past weeks when the market was red, I observed that the value of Btc affects almost all altcoins,  Ethereum inclusive. Why does the valuend of Btc affect Eth

Because Bitcoin is the first of crypto currency. Bitcoin is more valuable and more popular than ethereum.

[ayatoslaw]

I don't know for sure, but many people say that BTC is the mother of cryptocurrency, maybe this is the cause. because it is realized or not, cryptocurrency may now never exist if BTC is not born, because other cryptocurrency appears to try to perfect BTC deficiencies, but still, BTC is still the best of other cryptocurrency.

[Hisbullah]

For the past weeks when the market was red, I observed that the value of Btc affects almost all altcoins,  Ethereum inclusive. Why does the valuend of Btc affect Eth

I think the  readon bitcoin value affect ethereum because bitcoin is more popular and more valuable than ethereum.