Looks like money from Bitcoin flowing to ETH..
There are 3 reasons,
ETH is still a bit cheaper than Bitcoin.
Bitcoin has not yet a solution to its Blockchain problem.
High bitcoin transaction cost of nearly 5USD!
I think there is no reason now to hold bitcoins since Ethereum offers a lot of more possibilities due its technology and having also a much cheaper ETC line..
There are 3 reasons,
ETH is still a bit cheaper than Bitcoin.
Bitcoin has not yet a solution to its Blockchain problem.
High bitcoin transaction cost of nearly 5USD!
I think there is no reason now to hold bitcoins since Ethereum offers a lot of more possibilities due its technology and having also a much cheaper ETC line..
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An ETH cost 1878€ if we adjust currency in circulation to the amount of Bitcoin.. So Ethereum is not that cheap will maybe double only..