When ETH STOP FOLLOING BTC

[HanZo04]

It seems like at this time ethereum still continues to follow BTC, even now when bitcoin is pumping up the price of ethereum also follows it. Maybe this is good news for most people.

[mimikri]

Seeing the value of ethereum which is only running in place, I think it's true that ethereum stopped following bitcoin. I think it is indeed difficult for ethereum to follow bitcoin. I was surprised, why the crypto market seems to be on its own.

It did not last long. Now, as always, Ethereum is following Bitcoin. I guess that this situation will continue for years until BTC remains a leader.

[Munareal]

Ethereum will always follow Bitcoin since it is the leader of the pack. It is the first cryptocurrency invented that pave way for other cryptocurrencies. The value of Bitcoin determines the price of altcoin for now.

[Sudarmono]

I think ETH will follow Bitcoin price for long time. I still don't see a chance of ETH to not follow BTC in the near future. It is because of the influence of BTC as the main crypto coin. It is also the main pair of crypto exchanges till now.

[Bobcrypto]

It obvious that at the moment of the current crypto developments, ethereum and many altcoins will follow Bitcoinn in coin prices. All coins are all paird to allmost Bitcoin in various exchanges, and being the first coin, it has this advantage. I think with time, say in the few years from now, this supremacy might change.

[Fenix]

Ethereum will follow the bitcoin price movements as long as the bitcoin maintains its high level of capitalization. The difference between the bitcoin capitalization and other coins is so big that while the ethereum coin has no chance of avoiding the price domination of bitcoin.

[Cutter Cute]

BTC price increases always have a positive impact on Altcoin price increases, but when the Bitcoin price drops, altcoin prices will also drop. Crypto investors always see BTC prices when trading, because all altcoin sales pairs are always with BTC

[Xtinah]

Right now, ethereum is still moving in bitcoins shadow. It won't stop following bitcoin at least for now but maybe in the future it might but I doubt. Bitcoin price is very influential on ethereum price, in my opinion it might end up failing if it stops following bitcoin price movements

[Purwodadi]

until now ethereum has indeed followed the movement of bitcoin, and I think it will be very difficult for ethereum to overtake the bitcoin pump.

[Prime]

I have no idea about this. I think ETH will always follow BTC. As long as BTC becomes the main coin in crypto space, it will be lasting.

[vycl87]

Not just Ethereum, all the subcoins will continue to go after Bitcoin. Adjust your positions accordingly.

[Fenix]

Not just Ethereum, all the subcoins will continue to go after Bitcoin. Adjust your positions accordingly.

Over time, the level of Bitcoin capitalization will inevitably fall, while its price dominance will weaken. If Bitcoin is as poorly improved as it is now, after a while it will lose its leadership in cryptocurrency. The market will not stand still, it develops very quickly. That cryptocurrency, which stopped in its development, will inevitably be behind.

[Niteroy]

Not just Ethereum, all the subcoins will continue to go after Bitcoin. Adjust your positions accordingly.

Over time, the level of Bitcoin capitalization will inevitably fall, while its price dominance will weaken. If Bitcoin is as poorly improved as it is now, after a while it will lose its leadership in cryptocurrency. The market will not stand still, it develops very quickly. That cryptocurrency, which stopped in its development, will inevitably be behind.

It is possible that the dominance of Bitcoin will weaken over time and the altcoins will start to grow and with them Ethereum will start to grow. But due to the slow development, Ethereum may give up its position to competitors who have recently shown better results in terms of development and growth in popularity.

[Octoalts]

BTC is the parent of all Cryptocurrency that exists today such as Ethereum.  And many of the prices of all Cryptocurrency depend on Bitcoin.  And that's not just Ethereum.  Price Ethereum will always follow BTC, if BTC goes up the price of Ethereum will also go up and vice versa.  But this does not mean Ethereum is a weak coin, but this is already reasonable, that every existing Altcoin price will follow the price movements of Bitcoin.

[bountyecrire]

When BTC dominance goes below 20% (which never happened) solid coins like Ether may gain their freedom. Most coins have ether trading pairs in exchanges, all we need is low btc dominance (I expect this to happen in 2021 bullrun)