Ethereum (ETH) Exceed Bitcoin Cash (BCH)

By Sirt33 | CryptoApp | 22 Jun 2020


Hi all,

Ethereum has for the first time since December 2018 increased its price above Bitcoin Cash (BCH), which represents a supply of well below approximately 18 million pieces for 111 million eth.

Moreover, BCH has already surpassed ethereum in market capitalization, but now even its price is roughly below eth, as can be seen above.

The reason for this is probably a combination of BCH weakness and a resurgence of eth as coders who were busy building over the last two years are now starting to throw things at ethereum.

On the BCH front, the piece has probably never moved from anti-bitcoin or its limited ability to act as if they were bitcoins, which they claimed after the chain split on August 1, 2017 and continue to claim.

Instead, even now, the BCH development teams seem very divided, which this relatively small community cannot afford, especially since they have already seen their own channel in late 2018.

It is not clear whether BCH will now see a comeback, but eth is currently seeing one with this space once again able to rightfully claim the title of the most dynamic and innovative environment.

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