Day: November 23, 2017

Ethereum Price Achieves New All-Time High at $415

TradingBTC

On November 23, the price of Ether, the native cryptocurrency of the Ethereum network, achieved a new all-time high at $415. With its recent surge in price, the market valuation of Ethereum has moved closer to the $40 billion mark, a market cap that is larger than seven of the 10 largest cryptocurrencies in the market combined, with the exception of bitcoin and Bitcoin Cash. The demand for Ether has been evenly distributed across two major markets, South Korea and the US. South Korea’s Bithumb, the largest cryptocurrency exchange in…

Ethereum Rises to $380 and Bitcoin Cash Price Surges by 31%

TradingBTC

Today, on November 23, the Ethereum and Bitcoin Cash price rose significantly within a 24-hour period, as the price of Ether surpassed $380 while Bitcoin Cash recorded a staggering 31 percent daily increase. Bitcoin Cash’s Price Surge Since last week, the price trend of Bitcoin Cash has demonstrated an inorganic growth rate, as it rose from $800 to $2,900, and fell back to $1,200. For any leading cryptocurrency such as bitcoin, Ether, and Bitcoin Cash, a 31 percent overnight increase from $1,150 to $1,620 is not organic, and is likely…