What is happening to ethereum?
cryptocurrency price and news
The price of ethereum remains constant but the demand for it against naria and other currencies is dropping? This lead to an increase in the quantity of amount of ethereum purchase at a given price.
If you purchased an ethereum last week when the demand was high, the amount of ethereum received will be less compare to buying an ethereum as at this morning 9th of March 2018, but there is a big pullback in the Crypto-currency market this afternoon leading to an increase in the price of both ethereum and bitcoin.
Based on my observations, I noticed that anytime there is an increase or decrease in bitcoin, there is always a corresponding increase or decrease in price of ethereum, which in turn lead to both currencies having graph that looks a like, meaning both currencies are moving in the same velocity at different prices level.
January demand and price index showing an increasing in both ethereum and bitcoin, increasing at the same velocity at the same time.
For some reasons now, the graph of both bitcoin and ethereum are slightly different now, and I noticed that ethereum is dropping in price which in turn might affect the price of bitcoin, I think there is an opportunity to invest in both coins ? This is for risk seek only.
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