Ethereum Spikes To 2 Weeks High As Bitcoin Broke $11,600
bitcoinschannel.com
Larger-cap altcoins are in the green as well, as Ethereum’s 4.5% increase has taken ETH to $420. Reserve Rights (23%), Flexacoin (15%), Aragon (14%), Ziliqa (13.5%), NXM (12%), and bZx Protocol (10%) are also registering serious price increases.
The primary cryptocurrency has successfully recovered from its weekly low to $11,100 charted last week following the US Federal Reserve’s announcement that it plans to target an average inflation rate of 2%. After losing 1% yesterday to 58.4%, the metric comparing BTC’s market cap against all other coins has further decreased to 57.9%.
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