RATE Group | Ethereum [ETH] establishes dominance over XRP; surge seen across altcoins -AMBCrypto
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Ethereum [ETH] establishes dominance over XRP; surge seen across altcoins -AMBCrypto

Ethereum [ETH] establishes dominance over XRP; surge seen across altcoins -AMBCrypto

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On 27th September, the cryptocurrency market saw some volatile action with the price of cryptocurrencies going up and down throughout the day. Popular cryptocurrencies such as Bitcoin [BTC] and Ethereum [ETH] saw green towards the end of the day.

At the time of writing, Ethereum was going up by 1.68% with a total market cap of $22.356 billion. The cryptocurrency was trading at $218.71 with a 24-hour market volume of $1.821 billion. Most of the Ethereum’s trade volume was held by BitForex with a clear majority of 24.08%. The trade volume occurring on BitForex amounted to a staggering $661.02 million which was much more than second-placed DOBI trade’s $1322.188 million.

Ethereum, which had fallen behind XRP in terms of the market cap a few days back is now back to its stronghold, maintaining a strong second position. At press time, the disparity between the Ethereum and XRP stood at $1.42 billion.

The cryptocurrency in the news recently when Michael Novogratz…

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