While bitcoin prices dropped erratically in the past week, it is inversely proportional to ethereum. Why did it happen.
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Although, the price of ethereum is in the range of $ 1000 dollars, but it is undergoing an increase in the price of bitcoin. This is a plus for the Ethereum coin itself. If this happens, many investors will buy ethereum in bulk and do.
If this happens, many investors will buy ethereum in large jumblah and make sales when bitcoin prices go back up, thus. If they will get twice the profit. On the one hand there is bitcoin, on the one hand against the dollar.
Maybe there can understand.
Should save your ethereum in the next 2 days, because there will still be up trend in the next two days.