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Topic: Why can't the current Ethereum price keep up with the Bitcoin price? (Read 1020 times)

jr. member
Activity: 168
Merit: 1
You have many worthwhile tokens you follow? Cause I am having just 1 fav - Tecra with their TCR token. Excited by the updates and real use cases guys are coming with, what do you think? Curious to discuss https://tecra.space/
full member
Activity: 680
Merit: 103
At the moment, as we see, bitcoin is gaining popularity and becoming an actual topic for conversation. No other cryptocurrency can match or get around the bitcoin rate!
full member
Activity: 265
Merit: 100
Crypto market scale is just this,only have so much capital,in the absence of asset predators s not realistic to lift BTC and ETH in the meantime. The normal pattern is BTC pumping,and stabilizing,then it is the turn of altcoins.
full member
Activity: 1258
Merit: 104
Ethereum price movement this year is different from 2017 because it moves quite slowly.  But the price of ETH passed $ 500 yesterday and continue to move up until today.  There is a chance that later this year the Ethereum price will return  $ 1000.  Bitcoin silent,  ETH moves. applause for those who buy ETH at the cheapest price ..
Yes, and those of you who have bought Bitcoin at the cheapest price can also applaud, because the profits have almost doubled from before and even exceeded those of Ethereum, although Ethereum will also be very good for this year.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
2020 is a different scenario compared to past Bullrun. I'd notice it also, altcoins never have the rally even we are already in the bullish season but instead of seeing them still in red color. Very unlikely but we can't push investors and traders as well to choose them and even for ETH for their investment and for trading. Bitcoin is more influential, profitable which gives them an option to make a deal with it than choosing ETH or any altcoins.
Bitcoin is down, it's down...so as ETH of course, this is what really is happening now, bitcoin rises more than ETH but ETH falls more than bitcoin, so it cannot keep up the usual, the time for altcoins is gone, the hype is over, and as we can see, bitcoin dominance still hasn't change significantly.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
2020 is a different scenario compared to past Bullrun. I'd notice it also, altcoins never have the rally even we are already in the bullish season but instead of seeing them still in red color. Very unlikely but we can't push investors and traders as well to choose them and even for ETH for their investment and for trading. Bitcoin is more influential, profitable which gives them an option to make a deal with it than choosing ETH or any altcoins.
sr. member
Activity: 1876
Merit: 318
The increase in crypto prices in 2017 and 2020 is very different, because indeed the situation is different. I think the increase
in cryptocurrency prices this year is more healthier, so it's going up slowly. It is proven that now the Ethereum price has managed
to rise to the price of $ 600, and Ethereum's fundamentals also look stronger now.

So if Ethereum hasn't reached the price of $ 1,000 yet and Bitcoin is already at the price of $ 18,000. There's nothing wrong with Ethereum,
it's just that right now Ethereum does need a longer time to go up in price. There is nothing we can do but be patient waiting for the Ethereum
price to rise.
sr. member
Activity: 1428
Merit: 251
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
If you check on larger time frames the eth price is definitely keeping up with that of bitcoin but it is like a little bit delayed which is understable as initially money goes to bitcoon and then it flows to ethereum and others but one thing is for sure and that is we are in a new phase of longterm bull trend which will be here for many months hopefully.

The ethereum price does not follow Bitcoin price movements against the US Dollar because the Ethereum price is still under pressure against Bitcoin. This can be seen from the price movement of the eth / btc pair which still looks depressed even though currently ethereum has started to rise in price against Bitcoin.
hero member
Activity: 1680
Merit: 506
Trphy.io
Ethereum price movement this year is different from 2017 because it moves quite slowly.  But the price of ETH passed $ 500 yesterday and continue to move up until today.  There is a chance that later this year the Ethereum price will return  $ 1000.  Bitcoin silent,  ETH moves. applause for those who buy ETH at the cheapest price ..
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?
If you check on larger time frames the eth price is definitely keeping up with that of bitcoin but it is like a little bit delayed which is understable as initially money goes to bitcoon and then it flows to ethereum and others but one thing is for sure and that is we are in a new phase of longterm bull trend which will be here for many months hopefully.
hero member
Activity: 2828
Merit: 611
Indeed everyone expected Ethereum and other altcoins to go up when Bitcoin was like it is today. But it isn't easy because many people are still focused on rising Bitcoin and investing there. This is not just the case with Ethereum. Most altcoins are not getting the high rise effect of the current Bitcoin situation. But today is good news because Ethereum has broken through $500
Actually all the coins also have a corresponding USD market as well so they maintain their value in the USD value instead of BTC. Because Bitcoins is a different crypto and when alts rise we never question why Bitcoin is not rising so it doesn't make sense foe the vice versa to stand true.

We can understand simple altcoins market still down because this time people want forced rising bitcoin price. So need compare 2017 because altcoins time will come soon after something stable in bitcoin price. Actually when bitcoin price go up and something down everyday then altcoins price growing so we need some patients.
Maybe once the daddy market (BTC) goes down the price for altcoins will rise but not sure if the daddy market is ever gonna stop if not slow down. By the way we don't need patients, we actually had many during the pandemic, you might want to say we all need some patience Grin.

The answer was came with the current pump in bitcoin and Ethereum.The bitcoin price had reached of 18k$+ and the Ethereum price crossed a new moon of 500$ again after a huge month gap.So if this continue,we can expected the price of bitcoin to the new moon of 20k$.
I believe $25k is coming soon and we might look to double that by the end of 2021, but still speculations so let us all wait and see how it goes.
member
Activity: 378
Merit: 15
People wants instant pump from altcoins but that's impossible, altcoins can't start pumping instantly just because bitcoin is pumping, it takes time and patience, as for those pointing to 2017 they are wrong because back then altcoins start responding to the market bull season after weeks when bitcoin is already done with it's bullish movement
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k

Actually what happened to ethereum?

ethereum price already surpass $500 mate, and the reason why this year is not like 2017 is because a lot of good altcoins born then marketcap of altcoins now divided to all good altcoins, not like 2017 only few good altcoins in the market,
and maybe thats the main causes why ethereum price didn't like in 2017
Perhaps investors sees Bitcoin as a safe haven and most of them prefers it among the other cryptocurrencies
now besides majority of thrived ICOs projects in 2017 are mainly ERC 20 linked with ETH thus was responsible for the pump in price of ETH in 2017 invariably many altcoin are mainly exchanged to ETH, however DeFis is the rave of the movement didn't enjoy the massive investors patronage like the era of ICOs in 2017 probably due to the fact that scammers are on the prowl searching for investors to scam.
sr. member
Activity: 1918
Merit: 328
If you checkout the market today you will see that ethereum price has broken 500 resistance which was very important for future price direction of eth, with this break we can expect eth to finally gain momentum that is important for longterm bulls.
Yes, and in general this is a moment that everyone looks forward to with Ethereum tokens, because it has been a long time since Ethereum had a good price increase in the market, but now Ethereum is starting to show that it is still very good to sustain in the long term.
Indeed and if you check the market almost all the coins are failing to match the increase and change that Bitcoin is going through so it is indeed a great sign that ETH is at least making better progress and it is impossible to expect any coin to match the growth that BTC is going through right now. I am glad it broke the $500 mark because I don't remember last time when I saw ETH at 500 if ever at all. Maybe in 2018 the price was highest so this is certainly good for ETH investors.

I hope once the BTC market becomes stable at a price which it has to at some point, then all these altcoins don't start dropping because that is how it goes usually.
hero member
Activity: 1260
Merit: 504
This is the prime motivation behind why there is no huge development with the altcoins cost, especially Ethereum. Something else, already Ethereum developed high because of the expanded number of ICO that added to a gigantic development to Ethereum. BTC is exceptionally bullish because of late advancement like PayPal and Biden which clearly will give help on BTC alone. Ethereum don't take any action right and the main news in there pipeline is the impending move up to there blockchain.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
All altcoins are almost as further away from their ATH at least as much as ETH, nothing is ever close to something like that, they are pretty further away. Which is why ethereum is further away as well. Bitcoin never dropped as much as altcoins, it did dropped to 4k for a while which required x5 for breaking the ATH price but all other coins went as much as x15 needed or even x20 needed to go back to ATH levels.

So at the end of the day this is not ETH vs BTC type of deal, this is more about ALTS versus BTC type of deal and that is why ethereum can't catch up with bitcoin. Eventually it will definitely reach back to those levels but it will probably not be easy and that is why we should not really be worried, just be patient and it will get there eventually.
member
Activity: 308
Merit: 22
It is because ethereum is independent and its price do not depend on the increasing price of bitcoin. Ethereum is having a hard time because of its scalability issue, though its price just recently pass $500. But you should accept that its price won't keep up with the price of bitcoin as of now.
Anyone hating on its movement right now, that's very normal. But if you're going to give up from it then your action recognize as abnormal, as you have failed badly get the reasoning. It's pretty reasonable Ethereum is confronting some issue, when 2.0 came to live everything become ordinary and we'll see a smart price.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Bitcoin price or bullish have nothing to do with ETH people should stop thinking that these coins correlate to each other somehow because they don't.
A small increase for ETH significantly affect their eth market capitalization because the total supply so many and sometimes it's hard to justify seeing from the market perspective. You will be wondering if eth could rise $100 suddenly, where those money comes from?
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
since 2019, the price of bitcoin has always been dominant, rising higher than the price of an altcoin. this is also happening at this time. The reason why the Ethereum price doesn't go up at the same time as the Bitcoin price is, because the Bitcoin price dominates it, and puts pressure on the altcoin. however, ethereum's price tag of $ 1k or more is still possible for now. in fact, when the ethereum 2.0 development happens, i think it could make ethereum rise more than dominant too.
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
It is because ethereum is independent and its price do not depend on the increasing price of bitcoin. Ethereum is having a hard time because of its scalability issue, though its price just recently pass $500. But you should accept that its price won't keep up with the price of bitcoin as of now.
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