Ethereum going down and pulling Bitcoin and Ripple(XRP) with it : How?

After recent gains, the market has captured its base as the world's second largest cryptocurrency through market capitalization, helping to increase the cryptocurrency market - rolls on a post-Christmas rally, including bitcoin and ripple (XRP).

Everred by 80% in the past month, another 12% increase in the last 24 hours, increasing demand for the so-called Hard Fork Ethereum's Tradable Token Ether.

Bitcoin added 4% in the last 24 hours, however, a common name for the XRP conventional token has reached 3%. Over the past year, it was the second biggest cryptocurrency increase in raising interest from the fledgling financial sector, but failed to hold on to the gains.

The hard fork, which typically split cryptocurrency, and the aerial mineral prizes, fall from three ether to two, and the block decreases the network, further accelerating the network. This update is set to January 16th and is considered to be an important part of the transition of ethereum, which is used to indicate the proof of the working protocol.

While cryptocurrency forks do not always mean their value increases.

Bitcoin forks has previously led to small drops of short-term bitcoin price. While bitcoin cash withdrawal from the bitcoin network in July 2017, Bitcoin fell by 4% - although the bitcoin fork grew stronger in the months leading up to Fork and continued within a few months to reach December 2017.

Bitcoin cash also joined hard in front of its split in November last year. Bull run, but with two bitcoin cash, and bitcoin reduces SV down considerably.

12 months ago, the highest price dropped to 80%, many digital tokens built on the Ethereum network failed to hold their value. However, colleague Joe Libin was called "Cryptobottom of 2018" in the middle of December, "marked by fear, uncertainty and suspicion from our friends in the 4th and Cryptop-5 estates."

Bitcoin and the extensive cryptocurrency bear market last year forced Lubin to make changes in his company's consensus.

In the last month, the economist was close and a cryptocurrency torch trader Alex Kruger tweeted that the upcoming Ether was "bullish" in response to Hard Fork.

"Mining was once bullish in the mining supply of mining once the initial (painful) adjustment period, minimized by miners," Krüger wrote.

Meanwhile, the XRP of bitcoin and tidal have also climbed so far this week, kicking off many merchants and investors by 2019 to grow back and greet the work today after the green sea holidays.

Many hope that by 2018 this positive season will continue to be by 2018, which is due to its weakening effect on the market and crypto investment and growth in what is known as Crypto Winter.