When something is addressed as the king, they stay at the top spot, while others stay below. The king leads, while others follow.
Coming to the cryptospace, what stays at the top? Is it Bitcoin or Ethereum? Your answer should be bitcoin. What controls the crypto market, that when it increases or decreases other coins are affected? Bitcoin.
However, the mentioned facts can easily make you understand that Bitcoin earns respect as the king of crypto, and ethereum earns herself as the queen of crypto because she occupies the second spot in the crypto ranking, not the first spot as bitcoin
I agree with you. Bitcoin is the king and ethereum is the queen of crypto currencies. Bitcoin will always influence the performance of other altcoins, this is a reality. because the king is always in front of and followed by his followers
Therefore, we must continue to take advantage of bitcoin price movements which can have an influence on altcoin prices in the market, for example Ethereum. When the price of bitcoin collapses like it is now, many altcoins will also collapse. The market is currently unstable and seems inclined to decline in prices.
The market has improved again, so we should remain optimistic when looking at the market this time. There are many potential altcoins that we can buy to hold, even though the price is starting to get high, I am still sure the price will be much higher than now.