Some Reasons Why Ethereum is stagnating behind Bitcoin after its rally to new record-high
Read Joseph Young take a look at why Ethereum’s price is lagging behind Bitcoin after its last week rally to an all-time high on Cryptoslate :
The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin during a strong BTC uptrend, it is rare to see ETH drop so sharply when BTC is soaring.
Read his full article here.