Ethereum Price Vs ERC-20 Price

I just got the news that Ethereum Hits $1990. ​

Guest Post by DeFi Planet: Shanghai Upgrade Completed; Ethereum Hits $1990; What Next? | CoinMarketCap

Over the last 24 hours, Ethereum's (ETH) price has surged by 6%, hitting $1,997 at the time of writing, and its 24-hour trading volume stands at 15.12%

coinmarketcap.com

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Does Ethereum price rise after drop recovery affect ERC-20 tokens?​

 

[beth30meyer]

The correlation between ETH and ERC-20 tokens can vary and is influenced by many factors, beyond just the price of ETH.

 

[Andrea]

The correlation between ETH and ERC-20 tokens can vary and is influenced by many factors, beyond just the price of ETH.

Good to know! Are there any other factors to know about?