BTC and ETH

[President]

Blue = ETH
Orange = BTC

I'm a cryptonewb. Can anyone explain to me why these two behave so similar?

 

A very simple answer:

BTC is the core in Crypto. When btc drops, nearly every other coin drops. When BTC goes up, nearly every other coin goes up. So it's not just for ETH.

 

[here4money]

90% of the coins move like btc does.

 

The way these two move is like how Zora explained. Perhaps if ETH actually upgrades then it’ll eventually move on its own but for now it’s not gonna do too much.

 

[ob7ivion]

The way these two move is like how Zora explained. Perhaps if ETH actually upgrades then it’ll eventually move on its own but for now it’s not gonna do too much.

upgrade or not, it wont. unless the ETH/USDT trading volume heavily outperforms ETH/BTC

 

upgrade or not, it wont. unless the ETH/USDT trading volume heavily outperforms ETH/BTC

Oh ok.