Related to Is Ethereum in trouble? : the news has created a small uptick in the US$ denominated price of BTC.
The raise itself is insignificant, but I think it does demonstrate that Bitcoin, being a self-bootstrapped entity, doesn’t have “finances” to worry about.
This may (I’m not making predictions, but unlike before, now I dare to make a semi-educated guess) mean that a bottom is behind us (c $195, if I remember correctly?) and with the inevitable raise in the maximum block size and various other privacy and speed-of-transactions improvements, etc. coming next year, bitcoin is not a very risky buy right now.
Also, I am not saying Ethereum is going to die. I am saying I think the price of bitcoin won’t keep sliding.