Is ETH/USDT Trading Affected by Bitcoin Movements?

Yes, Bitcoin’s price movements often influence ETH/USDT trading since BTC sets the overall market trend. When Bitcoin rises, altcoins like Ethereum usually follow, and when BTC declines, ETH often sees similar price drops. However, Ethereum has its own market drivers, such as network upgrades and DeFi growth, which can create independent price trends. Traders on eth to usdt should monitor both Bitcoin and Ethereum market trends to anticipate price movements effectively.