RATE Group | Why Ether and Ripple — But Not Bitcoin — Prices Might Come Under Pressure Soon
24351
wp-singular,post-template-default,single,single-post,postid-24351,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Why Ether and Ripple — But Not Bitcoin — Prices Might Come Under Pressure Soon

Why Ether and Ripple — But Not Bitcoin — Prices Might Come Under Pressure Soon

[ad_1]

Though Bitcoin has received the most attention, the introduction of a multitude of other cryptocurrencies has also sparked the interest of global investors — especially since many of these seem to be appreciating at a much faster rate.

This has even led some to view Bitcoin as a “store of value” similar to gold because it is more stable than other cryptocurrencies, and there is only a limited supply of the cryptocurrency that can be distributed. Most estimates assume that the last “new” Bitcoin will be mined around 2140.

As Bitcoin’s market price has begun to rise once again, so has continuing interest in other cryptocurrencies. But when it comes to options such as Ether and Ripple, recent events indicate that their prices could soon come under pressure in ways that Bitcoin investors won’t experience.

Here’s a closer look at why investors might want to think twice before choosing these alternative crypto investments.

‘Noncompliant securities’

Ripple and Ether experienced a…

[ad_2]

Article Source