The race for supremacy in crypto land changes daily and it is hard to keep up with the high paced markets. Bitcoin is still king as most altcoins can only be traded with it, but the top four below it are duking it out for second, third, and fourth place by market capacity.
With three out of the top four exchanges closing their doors to new registrations a couple of days ago it has been a little trickier to measure market sentiment. Transactions were also suspended temporarily at some of them including the world’s busiest exchange, Binance, which put the brakes on Ethereum transactions for a while.
Ethereum has been making solid gains for the past week rising from $870 to a high of $1,260 over the past seven days. Although markets have corrected somewhat, ETH is still trading high at $1,180, representing an increase of just over 35% for the week. The steady uptrend increased Ethereum’s market capacity to $114 billion at the time of writing according to Coinmarketcap. This was enough to push it back into the second spot in the market cap charts, eclipsing Ripple, which has dropped into third.
According to reports a fall in …
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