Does Ethereum, Ripple and Litcoin follow Bitcoin?

Hello traders,

This is a simple education post to compare Ethereum, Ripple and Litecoin to Bitcoin.

Summary:
- Ethereum is the most currency that follows Bitcoin, however it failed to make any new highs while bitcoin keeps doing so.
- Ripple is the most currency that doesn't care about Bitcoin price movement
- Litcoin seems to be the most mature and stable currency

This concludes that if Bitcoin surges by 10% it doesn't really mean that the other coins will follow and vice versa.


Hope this helps!


Have a great weekend,
Abdulla