Some are asking what currencies are linked to Bitcoin and Ethereum in rising and falling?!
Special | July 21, 2025
I will answer this question .. Go ahead and read, and if you are busy, like and save it for your free time.
In general, my dear investors, it can be said that most altcoins show a direct relationship with Bitcoin and Ethereum.
Here are some examples that are affected by their movements:
💲Currencies that are heavily affected by Bitcoin $BTC :
Similar currencies to Bitcoin: such as Litecoin (LTC) and Bitcoin Cash (BCH), which share some fundamental characteristics with #Bitcoin.
Most major altcoins: such as Solana (SOL), Cardano (ADA), Ripple (XRP), Dogecoin (DOGE), and others.
These currencies, while having their own projects and applications, are heavily influenced by the overall market trend led by Bitcoin.
Low market cap currencies: These currencies are often more volatile and are more affected by the movement of Bitcoin and Ethereum, as novice investors often prefer to invest in smaller currencies when the market rises, and vice versa.
💲Currencies that are heavily affected by Ethereum $ETH (especially those built on its network or competing with it):
Ethereum-based tokens (ERC-20 tokens): There are thousands of tokens created on the Ethereum blockchain.
The value of these tokens is often closely linked to Ethereum's performance itself, as they depend on its infrastructure and popularity.
Ethereum competitors: such as Solana (SOL), Polkadot (DOT), Cardano (ADA), and Avalanche (AVAX).
These currencies offer alternatives to the Ethereum network, and if Ethereum experiences significant growth, these currencies may also see an increase due to general interest in blockchain and decentralized applications, or they may be negatively affected if there is a liquidity shift from Ethereum towards them.
Decentralized finance (DeFi) currencies and non-fungible tokens (NFTs): Since Ethereum is the dominant platform in these fields, currencies linked to DeFi and NFT projects are directly affected by Ethereum's performance.
And finally:
ETH/BTC ratio: Analysts often monitor the ETH/BTC ratio as an indicator of Ethereum's performance compared to Bitcoin.
The increase in this ratio may indicate that Ethereum is leading the market, while a decrease may mean that Bitcoin is the main driver.
I understand now, dear follower, who leads the market in rising or falling 😅
But there are some exceptions.. such as some stablecoins like Tether (USDT) and USD Coin (USDC), which are linked to fiat currencies (like the US dollar) and therefore do not follow the same fluctuations as Bitcoin and Ethereum.
