RATE Group | Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta
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Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

19 Oct Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

Posted at 18:47h in Cryptocurrency News by

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Brave cryptocurrency BAT

The cryptocurrency market posted a minor decline on Friday, with bitcoin and most other large-cap assets shedding about one to two percent of their previous-day valuations. Ethereum token BAT, however, managed to resist the market’s gravitational pull and post a major single-day rally.

Ethereum Token BAT Hits Two-Month High

BAT — short for Basic Attention Token — is the native currency of Brave, the ICO-funded web browser that seeks to use the cryptocurrency token to upend the web’s traditional advertising model.

For most of the day Thursday, BAT had traded below $0.215, and it continued to hold that line heading into Friday morning. That changed shortly before 9:30 UTC, when the token’s price leaped to $0.235, en route to an intraday peak at $0.25 — its highest point since early August.

BAT price ethereum token cryptocurrency
BAT/USD (calculated) | Binance

However, since peaking at that mark, BAT has entered a steep pullback, so it’s unclear what percentage of its gains it will sustain heading into…

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