PRESS RELEASE: Ethereum Surpassed Bitcoin Cash in Price for the First Time Ever

PRESS RELEASE: When There’s Blood in the Street (Why It’s Not Quite Time to Be Long Crypto)
December 15, 2018
PRESS RELEASE: Crypto is for Activists: Why We Need More Cypherpunks, Not Cypherposers
December 15, 2018

The moment when Bitcoin Cash has to recognize the advantage of Ethereum’s price has come as its price dropped below Ethereum’s for the first time since Bitcoin Cash was introduced (July 31 2017, forked from BTC).

Until now, BCH has always surpassed the price of Ethereum, sometimes even several times, but this did not prevented a sharp and painful Bitcoin Cash depreciation to arround $77 according to Coingecko.

Leading Bitcoin Cash Becomes Bleeding BCH

Ethereum was approaching Bitcoin Cash just twice. The first time came just after BCH appeared on the markets: Ethereum price – $295,73, Bitcoin Cash – $308.68. The differ – $12.95. The second time – in a few months after: Ethereum price – $315,68, Bitcoin Cash – $317.06. The differ – $1.38.

However, the sharp turbulences in the crypto markets and the latest Bitcoin Cash fork brought the asset to agony as the price of BCH is now lower than Ethereum’s for the first time ever.

The moment when Bitcoin Cash has to recognize the advantage of Ethereum’s price has come. TradingView charts.

No one can say for how long these prices will hold, but one thing is clear – this is a historical moment.

What do you think, where this is heading? Share Your opinion in the comment section below. Let us know what You think.

Please note: Cryptovibes.com is not a financial advisor. Do your own research before investing in any financial asset. We are not responsible for your investing results.

Follow us on Facebook , Twitter and Telegram

Like what you’re reading? Subscribe to our top stories

The post Ethereum Surpassed Bitcoin Cash in Price for the First Time Ever appeared first on Cryptovibes.com – Daily Cryptocurrency News .

This is a syndicated post from https://www.cryptovibes.com/analysis/ethereum-surpassed-bitcoin-cash/

Comments are closed.