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Cryptocurrency Price Speculations / Re: Why is Ethereum price action still influenced by BTC even after decoupling?
« on: Today at 01:28:06 AM »
I agree, there is no decoupling at all, wherever BTC goes, ETH will follow. The whole crypto market moves together, is it fair to say that when bitcoin goes up the other coins follow bitcoin or could we say that they go up together? At this point I am not sure which one is true. It is true that back in the day it was bitcoin that went up first and then others went up after that as a reaction to it, but these days when you look at it they all go up together which means that maybe bitcoin is not followed but they move together. In any case, wherever direction bitcoin goes, that's where ETH will go too.