Why does Btc value affect Eth

[Omega]

This because bitcoin is the one that represents all crypto currencies and the only crypto that has the trust of the investors.

It is not bitcoin alone have the trust of investors coz basically if no trust for other coins then we can absolutely say bitcoin alone can survive the crypto currency challenge.

[owmivmen]

This because bitcoin is the one that represents all crypto currencies and the only crypto that has the trust of the investors.

It is not bitcoin alone have the trust of investors coz basically if no trust for other coins then we can absolutely say bitcoin alone can survive the crypto currency challenge.

Investors only see the volume of the coin. coin trust lies in the volume amount or the holder of the coin.

[kurapika]

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

Bitcoin price is the barometer on the whole cryptomarket and once the price of bitcoin is in downfall we can conclude that most of altcoins will follow in downfall this is because of the trading pairing of BTC to altcoins.

[Doctor]

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

Yes, It is true. Bitcoin affects all altcoins.Because Bitcoin is the King of crypto currency.

[rizqillah]

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 because Bitcoin is the king of crypto, So Bitcoin will affect all alt coins.

[Mbah Jenggot]

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

Bitcoin value affect eth, because Bitcoin is father of coin, It is  more valuable and the first of crypto. Bitcoin will affects other coins.

[Nur sarimbit]

sometimes I also have an opinion like that even I always assume bitcoin TO BE the key to the price of all cryiptocurrency.

[Ahmadamin12]

Memang benar gan kalau bitcoin sangat memengaruhi Ethereum maupun yang lainnya ibarat nya anak akan ikut pada induk nya
Sama halnya dengan Ethereum dan yang lain - lainnya apabila bitcoin stabil akan ikut stabil tapi sebaliknya kalau turun yang lain juga ikut turun Ethereum juga ikut turun

[Cangkirkopi]

Why does Btc value affect Eth in because the crowd is leaning on bitcoin because bitcoin can be used for reference by coin - coin others including Ethereum

[cryptothief]

BTC is the OG, and unfortunately still has an enormous affect on all coins. It's influence will slowly fade, and has dropped down to around 40% of market value, but until it drops below 20% (which I can guarantee is not happening any time soon) it will continue to have an affect (either positively or negatively) on the markets in general. When I trade, I am always trying to increase value against ETH and/or BTC, very rarely even look at the dollar price as I don't intend to move back into fiat in the near future.

[trofim21]

this is understandable why, because bitcoin is a kind of dolar to which all currencies are tied

[dmitriybulatov]

Наверно все замечали такое явление и мне тоже не было понятно, как так то.  В свое время риппл сопротивляться но сейчас так же скатиться со всеми вниз. Наверно все смотрят на него как на законодателя тренда

[doc]

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 and The King of crypto.So, the price of bitcoin will affects all alt coin.

[de_prof]

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

The first crypto is bitcoin. The king of crypto currency is bitcoin. So, Bitcpin will affects all crypto currency.

[pikebu]

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

The first crypto is bitcoin. The king of crypto currency is bitcoin. So, Bitcpin will affects all crypto currency.

You are right, and usually the price of cryptocurrencies will follow the bitcoin's price, if price of bitcoin is up trend will be followed by other cryptocurrencies price include price of ethereum and today is good time to investing in ethereum deu to bitcoin's price will rise again soon, i have opened buy position right now.