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The last 24 hours in the world of cryptocurrency have been looming with dark clouds, which has now generated a significant bearish storm on most of the top 100 listed tokens. However, in the midst of massive gains shedding, Ethereum saw this as an opportunity to make an important climb, even if it required to overthrow its longtime opponent for the second time this year.
Shortly after Craig Wright declared war against the Bitcoin miners, downward trends began to intensify, leading to a total loss of cryptocurrencies; Ethereum was the only cryptocurrency in the top three to reduce losses by 14%.
The struggle was strictly based on what can be termed "the survival of the fittest", as the Ethereum was still aimed at pulling up even at a trading price of $ 207 in the last two days compared to XRP, which he was already recording an average price gain. Once the bears took total control and threw Bitcoin below the $ 5,000 threshold, its second lowest historical year, the consequences turned into altcoins to endure. And Ethereum, being the first Altcoin to receive the blow, along with his recovery status, had dropped almost twice as much as Ripple, who moved automatically upwards and sat in second place until the time in which it was written.
Ripple XRP had already shown fluctuating signs two days ago when Ethereum dropped 2%. Both tokens were moving head to head with a market capitalization of $ 20 billion, Ripple seemed ready to demolish the Ethereum, whose market capitalization of $ 21 billion was just above. At the time, XRP was trading at $ 0.520289, while Ethereum was at $ 207. At the time of writing this article, Ethereum lost over $ 30 and now trades at $ 177, while Ripple trades $ 0.457120 .
There's still a huge chance for Ethereum to reclaim its place and make it a temporary return for XRP like in September. Considering that Ripple's market capitalization is 18.41 billion dollars against Ethereum, whose market capitalization amounts to 18.32 billion dollars, Ripple's new position could only be a summary of its short-term success in September, when Ripple's market capitalization exceeded $ 3 billion etereum.
Ripple's capitalization stood at $ 26 billion, while that of Ethereum was $ 23 billion. On November 6th, Ripple also beat Ethereum for a short time and lost his victory shortly thereafter.
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