bitcoin

Ethereum Price gears up to $400. Is that the end of Bitcoin?

Strange things are happening in Crypto Currency market. The rise of Ethereum asks this important question, is “flipenning” about to happen?

Not long back, about a week ago, Ethereum’s market cap touched 50 % of Bitcoin value. June 12 saw Ethereum price reaching to $396. Now this is interesting as Ethereum seems to be crawling fastly to to Bitcoin’s market cap of $46 billion.

 

The recent price rally needs to be studied deeply. At this moment, Ethereum is almost $10 bn away from Bitcoin value and the recent trends surprisingly suggest, it may touch and challenge Bitcoin in a very short time than actually expected.

Also See: Bitcoin’s ride has taken it to an un-expected life time high

 

The biggest question is. With emergence of Ethereum, is that an end of an era for Bitcoin?

Via: Coin Telegraph

Facebook Comments