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Ethereum Reaches Record Highs, Bitcoin still holding its ground

Ethereum sprinted past record highs earlier this morning. It is the first substantial price rise after earlier this year in June. The price went to record high of $414 this morning. At the time of writing this article the price is $440, a massive increase of 10% within 24 hours.

Bitcoin is holding its price and that is surprising everyone. Bitcoin was trading at $8,200 and that is 2% rise since yesterday (24 hours).

Desite of a major vulnerability that had frozen hundreds of millions of dollars just 3 weeks back, Ethereum is on the rise that shows the promise of this cryptocurrency. Ethereum is highly popular with developers for smart contracts on its blockchain.

Also See: Bitcoin is Better Money, Ethereum isn’t

With Ethereum price rising, one wonders if this is the right time to invest!

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