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Friday, June 2, 2017

Ethereum Has Higher Trade Volumes Than Bitcoin As Fortunes Reverse

Ethereum Has Higher Trade Volumes Than Bitcoin As Fortunes Reverse

24-hour Ethereum (ETH) trading volumes have passed Bitcoin’s according to data from CoinMarketCap on Tuesday.

The period to press time at 17:00 BST showed ETH had turned $1.293 bln in volume compared to Bitcoin’s $1.271 bln.

The move, which may well be unprecedented in the history of ETH, accompanied a livelier price uptick compared to BTC, which increased just 1.65 percent since Monday versus the top altcoin’s 11.3 percent rise.

ETH is now back above $200 per token since Thursday last week, when a slip became a plunge in line with Bitcoin to see it bottom out at just $120.

Full story at http://bit.ly/2rxdhFK

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