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Ethereum Beats Bitcoin Cash’s Price for First Time Ever as Crypto Markets See Growth


A rare first in current market conditions saw Ethereum leave Bitcoin Cash behind in terms of USD price.

Cryptocurrency markets were showing signs of life today, Dec. 17, but the major focus was on Ethereum (ETH), which passed the price of Bitcoin Cash (BCH) for the first time.

Market visualization from Coin360

Market visualization from Coin360

Data from Cointelegraph’s price tracker, Coin360, CoinGecko and CoinMarketCap confirm the ongoing battle within the top ten altcoin assets, with ETH trading around $90.86 compared with BCH on $88.63 at press time.

Previously, BCH had traded above the market price of ETH since its creation in August 2017.

Bitcoin Cash/Ethereum 7-day price chart

Bitcoin Cash/Ethereum 7-day price chart. Source: CoinGecko

A contentious hard fork in November caused BCH to split into two chains, the second being Bitcoin Cash “Satoshi’s Vision,” now with the ticker BSV.

BSV’s price began to show inverse correlation with the majority of crypto assets, fluctuating…



Read Full Story : Cointelegraph.com News

2018-12-17 13:12:00

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Written by Cointelegraph

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