Cryptocurrency Q&A
Does ETH price follow bitcoin?
Does ETH price follow bitcoin?
Nicola
Wed Dec 25 2024
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5 answers
908
I've been observing the cryptocurrency market for a while, and I'm curious if there's a correlation between the prices of Ethereum and Bitcoin. Specifically, I want to know if the price of Ethereum typically follows the price movements of Bitcoin.
5 answers
IncheonBeautyBloom
Fri Dec 27 2024
In the absence of clear metrics, investors often rely on the pricing of one digital currency relative to another.
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SamsungShineBrightnessRadianceGlitter
Fri Dec 27 2024
For instance, Ethereum's price may be valued in relation to Bitcoin, and similarly, Bitcoin's price may be valued in relation to Ethereum.
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TimeRippleOcean
Fri Dec 27 2024
This method of pricing is not uncommon in traditional equity and derivative markets.
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Michele
Fri Dec 27 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options, which cater to the needs of digital currency investors.
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CryptoEmpire
Fri Dec 27 2024
The valuation of digital currencies can be a challenging task due to the difficulty in measuring their fundamentals.
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