Recent Market Correlation Indicates A ‘Bearish Ethereum’ in the Short Run Unless Bitcoin Hits $20,000

Date : 11/08/2019 @ 7:23PM
Source : ZyCrypto
Stock : Ethereum (ETHUSD)
Quote : 184.36000000  -3.55000000 (-1.89%) @ 4:19PM
Ethereum share price Chart

Recent Market Correlation Indicates A ‘Bearish Ethereum’ in the Short Run Unless Bitcoin Hits $20,000

A Likely Intense Price Decline For Ethereum Could Be On The Horizon If Bitcoin Hits A 50% Correction

In 2019, there has been a great correlation between Bitcoin and Ethereum. This correlation has seen some go as far as suggesting that Ethereum has broken out of ‘altcoin’ status. The pacesetter though has been Bitcoin with its movement dictating that of Ethereum. When Bitcoin has soared, Ethereum has too despite at times other altcoins […]

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