Why Ethereum is growing in USD but decreasing in BTC?

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Please explain to me why the ETH/BTC price is decreasing but ETH/USD price is increasing. How does that work? Why it costs less in bitcoins but more in USD? enter image description here

Bitrix24

Posted 2017-10-03T10:55:15.000

Reputation: 103

Answers

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It means that the value of btc is increasing at a higher rate than the value of eth. Therefore it takes less btc to buy eth, and the cost of eth in btc is dropping.

McLeodx

Posted 2017-10-03T10:55:15.000

Reputation: 223

In other words, consider trading your ETH to BTC if that trend prominently persists. – Tom Froehlich – 2018-02-17T22:12:32.813

Asked: 2017-10-03T10:55:15.000

Viewed: 247 times

Active: 2018-02-17T22:12:32.813