Cryptocurrency Q&A
Does Ethereum follow BTC?
Does Ethereum follow BTC?
CryptoMystic
Wed Jan 01 2025
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7 answers
1789
I'm wondering if Ethereum moves in the same direction as Bitcoin. In other words, does Ethereum typically follow Bitcoin's trends?
7 answers
Silvia
Fri Jan 03 2025
Ethereum stands as the second-largest cryptocurrency in terms of market capitalization, trailing only behind Bitcoin.
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FireFlyer
Fri Jan 03 2025
Its price movements have historically exhibited a pattern of following Bitcoin's trends.
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SumoPowerful
Fri Jan 03 2025
When Bitcoin's value fluctuates against the U.S. dollar, Ethereum tends to mimic these changes.
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Martina
Thu Jan 02 2025
However, Ethereum's price has demonstrated higher volatility compared to Bitcoin.
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CharmedSun
Thu Jan 02 2025
This means that while it tracks Bitcoin's general direction, its price can swing more drastically.
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