The digital currency market has seen a
price reversal very strong on Friday after trading in red the previous day.
According to data compiled by Live Coin Watch, the value of Bitcoin (BTC) has
increased by more than 7 percent in the past twenty-four hours.
The altcoin market next door
Bitcoin (BTC) was in red on Thursday. Interestingly, most of the best
Alternative digital currencies, such as XRP (XRP) and Bitcoin Cash (BCH), have seen double-digit gains on Friday. In the middle
In the course of the increase in prices of the digital currency, there are some digital currencies that
tend to outperform others in the market. One of those
digital currencies are Ethereum (ETH).
Ethereum Price (ETH) today – ETH / USD
Ethereum (ETH) stands out in the Friday & # 39; s Price Rally
Ethereum (ETH) is one of the most
exceptional digital currency in the recent rush to the encrypted market. TO
writing time, Ethereum (ETH) is the most performing digital currency
among the first thirty coins on the market. Ethereum has seen a gain over
19 percent in the last 24 hours at the time of printing.
While this move seems harmless
enough, the 19% increase only shows the strong performance of the
digital currency in recent weeks, and this began after the breakdown of the digital currency
out of its annual minimum to $ 81. This significant increase in the value of the
the digital currency also entailed a considerable increase in its market capitalization. Such as
thus, the market capitalization of Ethereum (ETH) is now very close to that of XRP (XRP) –
the second largest digital currency by market capitalization.
The current market capitalization of XRP
(XRP) is $ 15.16 while that of Ethereum (ETH) is $ 14.13. The difference between
they are only about 8 percent. XRP (XRP) exceeded when the two digital
currencies crossed in mid-November – when XRP started an independent micro
running that left everyone in shock.
XRP (XRP) is not giving its position
A lot of Ethereum (ETH)
enthusiasts and investors have begun to argue that Ethereum will recover
position and reduce XRP. However, the irreducible fans of XRP (XRP) are saying
that it's too early to make such statements. XRP (XRP) and Ripple Inc. have had a great performance this year. Because of
this performance, XRP (XRP) could maintain its position in the coming year.
XRP and Ripple have achieved
a lot of this year. Ripple now has products that are adopted and used
many financial institutions all over the world. XRP (XRP) has also been listed
from many digital currency trading platforms. XRP has also been listed on eToro,
Uphold and Revolut. It was also added
Binance as a base pair.
If the digital currency is listed
on Coinbase, most XRP fans (XRP) would conclude the fate of
Ethereum will be sealed since then. This is because the value of XRP (XRP) could
push to a new height if it is listed on Coinbase.
Ethereum (ETH) is still in the game
Ethereum fans are saying that the
the network is still doing dandy and well, while some are arguing that XRP has more
wind in the queue compared to Ethereum. However, Ethereum (ETH) still has a chance because
of his neighbor
update – Constantinople.
Constantinople is scheduled for launch in the next couple of
weeks, and this could have a positive impact on the value of Ethereum (ETH). This
The upgrade could increase the possibility that Ethereum will recover its position.