Is the price of ethereum dependent on bitcoin?

[The Translator]

If it is seen in fact here that indeed the state of the Ethereum market always follows the Bitcoin market. But the difference is the percentage. If Bitcoin rises automatically Ethereum rises too, but the percentage increases are different. Sometimes Ethereum is bigger than Bitcoin. That's why even though Ethereum is still influenced by Bitcoin, but for the percentage increase in the market there is no effect on Bitcoin.

[de Ghoniyu]

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

Yes It is true. The price of bitcoin will affect the value of altcoin like ethereum etc. Because bitcoin still the King of crypto currency.

[Сrypto God]

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

A few months ago, they were very similar, now the concept has changed, and Bitcoin sank less than the eterium, but I continue to believe that we will grow back, because eterium is a very important and key coin

[Patellaa]

Some may deny that fact but it is very through. BTC has an immense effect on all altcoins. I hardly see the impact ETH has on BTC,it is always the latter on the former

[jet]

Btc leads the cryptocurrency, somehow your thought is true. Market cap is being capitalized by bitcoin so any mvement from it will surely affect the other coin in the market. Hopefully, in the coming years alternative coins will be independent from bitcoin movement.