Why does Btc value affect Eth

[Nolbertino]

as we know that Bitcoin is the parent for other coins. where the movement of the price always gives influence on the other coin. and that's what happened in the bitcoin. become a benchmark for other coins.

[blue]

Bitcoin is number one and largest crypto currency and it is father of cryptomarket . Bitcoin is only created crypto market then join other altcoins . So Bitcoin still dominant cryptomarket. Bitcoin is control whole crypto world.

[Abdee]

bitcoin is the most trusted invested and traded by most people in the crypto market and I believe that because bitcoin is the father of all crypto currencies

[skinhead]

It is not only Ethereum will he affected when Bitcoin price will fall.I think all crypto coin will affected with Bitcoin.

[anshor1]

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 Kingbof crypto currency, It is more popular and higher deman than other crypto.

[satpol_PP]

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 more popular than ethereum. Bitcoin is the first and ethereum is the second of the best crypto.

[cora]

I believed it is due to the fact bitcoin, being the daddy of all crypto currencies, is the one most relied on, invested and traded by using most people within the crypto markets.

[Baby Crypto]

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 currency. It is more popular and so high demand. The bitcoin price will affect the valuenof all altcoins.

[Seeyy]

When bitcoin rises, eternum also rises, and when bitcoin goes down etherium will drop too.
It can affect etherium because the relationship between them is directly proportional to each other.

[Ambu]

Bitcoin is first cryptocurrency Bitcoin was created a new world so it is called father of cryptomarket. Bitcoin is fundamental of cryptomarket thus Bitcoin price is when affect all altcoins are affect.

[Fenix]

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 price of crypto currency, including ethereum, really depends on the price of bitcoin. This is because bitcoin has a very high level of capitalization compared to other types of crypto currency. While this situation persists, virtually all of the currency will repeat the price movements of bitcoin. Therefore, when bitcoin after December 17 began to fall, all the crypto-currency fell after him.

[Kitme]

Bitcoin is fundamental of the cryptomarket so All altcoins and ethereum prices are depends bitcoin price . Bitcoin is high market Coin in cryptomarket . Perhaps it will change in future.

[mojerjer]

As what i have observe for the past few weeks,if the exchanged market chart of Bitcoin become red,almost all crypro coin are dropping it's price value.I could say that Bitcoin can really affect some other crypto coin.

[inewoods]

Bitcoin as the head of crypto affecting the price of altcoins is inevitable. Even not to a big extend more or less some correction from bitcoin  to the altcoins is a normal phenomenal.

[Zed0X]

Given the popularity of ethereum today, It still amazes me that it is still affected by the price of bitcoin like every other altcoin. Hopefully this trend would stop soon.