Topic: Price of Bitcoin and Ethereum (Read 367 times)
Bitcoin is termed as the king of all crypto coins so if bitcoin goes higher in price then not only Ethereum but all of the other altcoins will go higher because they follow the price movement of bitcoin. You will have experience that when the Bitcoin ETF was approved then more than bitcoin Ethereum show greater achievement in its worth. Every coins is changing its position according to changes occur in bitcoin so there is a clear thing that Ethereum will pump and dump according to the pump and dump of bitcoin so accumulate Ethereum also to take benefit from both of top coins.
All other altcoins grow along with the Bitcoin market. There are many coins that go up and down with Bitcoin and Ethereum certainly compares to Bitcoin. When the price of Bitcoin goes up, almost all coins go up in value, not only Ethereum, but all other coins go up. Ethereum is the most popular currency after Bitcoin where people invest most of the time and this currency fluctuates with Bitcoin, and it is definitely likely to go higher in the future.
It is just the way the market works, bitcoin is the king and because of this when the price of bitcoin goes up, unless there is a scam or failed project, everything else goes up and should be the most important part. I know that it is going to be fun and I know that it is going to be entertaining and all to watch them all go up, but we should be careful as well. In this regard, bitcoin and ethereum are great because you end up with something that will benefit everyone.We should probably consider the fact that ethereum is the king of altcoins, and bitcoin is the king of crypto. When you think like that, you realize that investing heavily into these two could mean a great return for anyone and the risk would be very small as well.
It seems to me like the incredible run ETH has had over the last several weeks is in anticipation of an Ethereum exchange traded fund being approved in the future. The price now tops over $3,000 in a clear move towards a new all time high for ETH. I suspect both BTC and ETH will be hitting new all time highs within a year.
Today, Ethereum reached $3K, which is an ATH in a couple of months. Comparing to Bitcoin price still Ethereum have to raise more. So still, Ethereum isn't in the bull market. Alt season will start when Bitcoin becomes a stable zone for a couple of weeks. But we can see Bitcoin is still highly volatile at the moment. So over all, it's Bitcoin time, not altcoin. Altcoins are preparing to move if Bitcoin doesn't fall a lot.
Ethereum is bitcoin's closest competitor in terms of market capitalization - both dominate the market by different percentages, but bitcoin is the most dominant coin. Ethereum has increased by 75.6% in the past year - while bitcoin has increased by 110% in the past year.Apart from Bitcoin - I tend to believe that Ethereum is a cryptocurrency that has good potential in the long term. It might be good to get some long-term investment portfolio with the aim of diversification - but Ethereum usually takes longer to break the previous ATH, and even then it depends on how the bitcoin price trends in the market.
Bitcoin and Ethereum. Bitcoin is the cryptocurrency king. Bitcoin holds the number one position in cryptocurrencies and Ethereum holds the second position. I read somewhere before that when the price of Bitcoin goes up, so does up the price of Ethereum too. And while checking the market today I noticed that, really the price of Ethereum has risen along with the price of Bitcoin, Bitcoin price today is 52k and Ethereum price today is $2825.65, and Bitcoin has gained 15.9% in the last 7 days and Ethereum has gained 16.6% in the last 7 days. So does the price of Ethereum really go up when the price of Bitcoin goes up? And does Bitcoin's bull market actually coincide with Ethereum's bull market? What is your opinion on this matter? And correct me if I'm wrong.
Ethereum price movements often follow Bitcoin. And this is one of the coins that has consistently been close to Bitcoin's movements for a long time. So there is no doubt that Ethereum is actually that trusted. Yes, currently they have many competitors, in fact, Ethereum's market cap is still nothing that can be beat in the altcoins row. However, if comparing Bitcoin and Ethereum, of course BTC will always dominate and be number 1. However, if we look at the price increase at any time, especially within a day, sometimes the amount of increase in ETH in a day is higher compared to the percentage of Bitcoin. So ETH is indeed quite strong in certain period
Everyone is aware that Bitcoin is the king of cryptocurrencies and it is the thing that generates a value to altcoin, because without Bitcoin being increased in market no altcoin that will continue to experience a positivities in the market so Bitcoin increment also contribute like 80% of altcoin acceleration in cryptocurrency network so what I'm saying in essence is that it is a bitcoin that they give rise to order cryptocurrencies because without Bitcoin to increase ethereum cannot experience and increment in the market likewise other altcoins that we seems that have a potential in the market.
So whenever we are investing in altcoin we should also try to study the chat graph of Bitcoin because if Bitcoin candlesticks is showing negativity being red that means their is every tendency that altcoins will not experience a bullrun, but when bitcoin the movement of the candles sticks is showing green that means that their is every possibility that altcoins especially ethereum will experience positive, in summary we don't need to compare bitcoin blockchain technology to ethereum, because bitcoin give rise to other sub coins.
So whenever we are investing in altcoin we should also try to study the chat graph of Bitcoin because if Bitcoin candlesticks is showing negativity being red that means their is every tendency that altcoins will not experience a bullrun, but when bitcoin the movement of the candles sticks is showing green that means that their is every possibility that altcoins especially ethereum will experience positive, in summary we don't need to compare bitcoin blockchain technology to ethereum, because bitcoin give rise to other sub coins.
Today, Ethereum reached $3K, which is an ATH in a couple of months. Comparing to Bitcoin price still Ethereum have to raise more. So still, Ethereum isn't in the bull market. Alt season will start when Bitcoin becomes a stable zone for a couple of weeks. But we can see Bitcoin is still highly volatile at the moment. So over all, it's Bitcoin time, not altcoin. Altcoins are preparing to move if Bitcoin doesn't fall a lot.
I have seen several opinions similar to this, I never expected much cause bitcoin has been leading the crypto market and bitcoin is known as the king of cryptocurrency.
I never had time to ask this same question cause I have been observing this with the increase price of bitcoin and the reactions with other altcoins mostly ethereum as you mentioned. The price of bitcoin is currently $51k now and we've not seen an increase yet, even if we're sure the price will pass this amount let's still say $51k.
Now what I'm trying to understand here is will other altcoins still increase even with the current price of bitcoin now, like what most people are saying and getting excited with the current increase price of ethereum.
I never had time to ask this same question cause I have been observing this with the increase price of bitcoin and the reactions with other altcoins mostly ethereum as you mentioned. The price of bitcoin is currently $51k now and we've not seen an increase yet, even if we're sure the price will pass this amount let's still say $51k.
Now what I'm trying to understand here is will other altcoins still increase even with the current price of bitcoin now, like what most people are saying and getting excited with the current increase price of ethereum.
Compared to the price of bitcoin ETH is still underperforming. I think this performance gap will be dimming very soon as ETH will go through a major update in its ecosystem, and ETH ETF is also on the horizon. So if bitcoin price stays stable for a few more weeks, we can see ETH outperforming bitcoin in price which will lead to ETH price above 4k in my opinion. This is just a speculative measure, and something else can happen as well, but this is what should happen according to previous cycle.
So does the price of Ethereum really go up when the price of Bitcoin goes up? And does Bitcoin's bull market actually coincide with Ethereum's bull market? What is your opinion on this matter? And correct me if I'm wrong.
Price of these cryptos are aligned, I guess. And that doesn't mean that they should both have the same market value. They have different token supply, release date, projects running on their chains, and more. If it is parallelism, then these two simply got it, especially if it is price direction. There will be times the market price increase of Bitcoin is higher than with ETH's and vice versa but that's probably due to the volume by that particular time. Also with factors such as price manipulation; there's no consistency with lmist everything when it comes on cryptocurrencies in the first place so I guess things are just normal if that's just the only concern.Bitcoin is always the best and never compare the altcoins market with Bitcoin. Where bitcoin price was before and where it is now may make your head spin even a few months ago, if you had pocketed for bitcoins you could have made huge profits today. All altcoins including ethereum, follow the price of bitcoin in the market. If bitcoin goes up then altcoins will go up naturally so almost all tokens will pump in the bull market. So when the price of bitcoin increases then the price of other tokens increases
If it is just market price then there are altcoins which had a higher price increase for a shorter period of time making it not the best aspect to determine which one is better as a coin. Bitcoin indeed has a supremacy in this industry but I think the one being discussed here is the correlation between the market price of Bitcoin and ethereum only and not which is is the best. Due to that supremacy as well, Bitcoin is more of the 'leader' of trends. 
- Yes and No
Yep, I can see that everything that's been happening lately is heavily influenced by bitcoin, which is why bitcoin's position is number 1. Since the approval of the spot bitcoin ETF, new doors are opening to accept more altcoins. I think it's just a matter of time for everything to be approved, and during that process developments will be unpredictable and prices will fluctuate. ETH always receives great attention, perhaps only after bitcoin, so any impact from bitcoin can affect the price of ETH. At this stage, perhaps the attention to ETH is getting bigger as everyone is expecting big events, and we are especially getting closer to a common event for the whole market about BTC halving.
Yep, I can see that everything that's been happening lately is heavily influenced by bitcoin, which is why bitcoin's position is number 1. Since the approval of the spot bitcoin ETF, new doors are opening to accept more altcoins. I think it's just a matter of time for everything to be approved, and during that process developments will be unpredictable and prices will fluctuate. ETH always receives great attention, perhaps only after bitcoin, so any impact from bitcoin can affect the price of ETH. At this stage, perhaps the attention to ETH is getting bigger as everyone is expecting big events, and we are especially getting closer to a common event for the whole market about BTC halving.
Bitcoin is always the best and never compare the altcoins market with Bitcoin. Where bitcoin price was before and where it is now may make your head spin even a few months ago, if you had pocketed for bitcoins you could have made huge profits today. All altcoins including ethereum, follow the price of bitcoin in the market. If bitcoin goes up then altcoins will go up naturally so almost all tokens will pump in the bull market. So when the price of bitcoin increases then the price of other tokens increases
Bitcoin can be seen as the face of the entire crypto currencies, most investors only invest in other coins because of the influence Bitcoin has on their value and prices, when the bull run comes almost all the altcoins are affected and follow suit because most investors that cant afford to buy bitcoin in whole would just go for the altcoins and get some coll profits from it too. I Don't think altcoins can survive on their own without bitcoin
Yes, I guess bitcoin is unique to break the stages, the movement of bitcoin is the most important for the existence, development, maintenance of the market. Bitcoin has extended its streak, perhaps falling bitcoin dominance will be a good sign for the altcoin season to begin but it will likely be a mix. Bitcoin is now back at 1000 billion in assets and holding bitcoin is very important. Altcoins will run but I guess it will be so when bitcoin is maintained at $70k. At this time, ETH is also quite hyped before the Dencun upgrade but I guess it is still not enough to be a strong catalyst to open the running season altcoins. 
As they say and incidents like this have become commonplace, Bitcoin and Ethereum are the best coins and also top among other coins.
Both will go hand in hand but Ethereum will not catch up or outperform Bitcoin, even though the graph looks the same but that's all because Bitcoin's position is in an uptrend and Ethereum and other coins will definitely follow in Bitcoin's footsteps. And conversely, if Bitcoin experiences a decline, then other coins will also experience a decline and even deeper.
Both will go hand in hand but Ethereum will not catch up or outperform Bitcoin, even though the graph looks the same but that's all because Bitcoin's position is in an uptrend and Ethereum and other coins will definitely follow in Bitcoin's footsteps. And conversely, if Bitcoin experiences a decline, then other coins will also experience a decline and even deeper.
The gateway for most investors is through bitcoin, which is why it rises in price first than altcoins... soon after, investors exchange their bitcoins for other tokens/coins in what is called altcoin season.
Right near the end of the trend, the opposite path is taken with investors exchanging their altcoins for bitcoin and then for dollars
summary: dollars -> bitcoin -> altcoins.... .end of bull run ...... altcoins -> bitcoin - dollars
Right near the end of the trend, the opposite path is taken with investors exchanging their altcoins for bitcoin and then for dollars
summary: dollars -> bitcoin -> altcoins.... .end of bull run ...... altcoins -> bitcoin - dollars
Bitcoin is the lead cryptocurrency, it’s the undisputed best coin on the market. Ethereum usually follows the lead of Bitcoin as the whole cryptocurrency sector does. We are all aware of how Bitcoin rolls around its cyclical halving phase, other coins follow it. There are many metrics you can follow to see when it might be a good idea to move some out of Bitcoin & into altcoins to try & take advantage of price increases. Take a look at live Bitcoin Dominance metrics. Overall Bitcoin pumps, so does everything else. Bitcoin dumps, so does everything else.
That's the traditional way and there's no current altcoin that can take over the place of bitcoins after so many years because it has the decentralized feature which most of those top altcoins don't have and that will be the main key why we always see bitcoin at the top no matter how much the others have prepared for their platforms and countless updates to develop their projects. As for ETH, they have already accepted that they are just second and they don't have any problem with that since the Bitcoin creator is nowhere to be found and all they need to do is keep up their good works and development so that they won't be left behind.
Bitcoin is always the king and going unstoppable where it has reached $51k-$52k at the time I am writing the post with the most largest market cap in the Crypto space. This price is pre-halving and pre-bull run price now you can have an idea of how much it can perform more well in the coming time frame of 2024-2025. These two years are expected to be the best time for crypto investors where all the investors have bullish sentiments of the mentioned time frame. Hopefully, Bitcoin will go $100k at the end of 20204 well it is just a prediction now we have to wait and see what will happen in the coming time frame.
On the other hand, if we talk about the Ethereum it is the second most big market cap cryptocurrency. what do you guys think about how much it can maximum gain in the bull run? One of my near friend was saying it can go to $15k so I am not sure will it go at the mentioned prices or not well what do you guys have thoughts on the Ethereum price in the coming bull run?
On the other hand, if we talk about the Ethereum it is the second most big market cap cryptocurrency. what do you guys think about how much it can maximum gain in the bull run? One of my near friend was saying it can go to $15k so I am not sure will it go at the mentioned prices or not well what do you guys have thoughts on the Ethereum price in the coming bull run?
All other altcoins grow along with the Bitcoin market. There are many coins that go up and down with Bitcoin and Ethereum certainly compares to Bitcoin. When the price of Bitcoin goes up, almost all coins go up in value, not only Ethereum, but all other coins go up. Ethereum is the most popular currency after Bitcoin where people invest most of the time and this currency fluctuates with Bitcoin, and it is definitely likely to go higher in the future.
The prices differs but they're the trending main projects in the system. We have both spot and future trading in the space, only focused on the sectors that brings in gigantic profits. We can only enjoy the steady profits of Bitcoin when we have solid entries in futures and not engaging in buying for longterm, though it's consider relevant but I no longer buy that idea, always aiming for excellent outcome. Ethereum follows the footsteps of Bitcoin at close range. I would say, ETH moves with prior movement of BTC chart in the market. So does the price of Ethereum really go up when the price of Bitcoin goes up?
Yes. And ETH is @ $2900+ already.And does Bitcoin's bull market actually coincide with Ethereum's bull market? What is your opinion on this matter? And correct me if I'm wrong.
Yes.ETH do get next and the altcoins goes next to after Bitcoin or it can be opposite. Bitcoin bull run first and then ETH and alts next or the opposite. But one thing is that, Bitcoin starts all of these bull runs. And that's what people have to remember if you want to get some nice profits for this bull run and still thinking what to buy.
All other altcoins grow along with the Bitcoin market. There are many coins that go up and down with Bitcoin and Ethereum certainly compares to Bitcoin. When the price of Bitcoin goes up, almost all coins go up in value, not only Ethereum, but all other coins go up. Ethereum is the most popular currency after Bitcoin where people invest most of the time and this currency fluctuates with Bitcoin, and it is definitely likely to go higher in the future.
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