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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-05-29] Bitcoin Price Rockets Past $500; Ethereum Slump Imminent?
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trinaldao (OP)
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May 29, 2016, 07:31:32 AM
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As the Bitcoin price continues to rise, traders across the world have started trading bitcoin with renewed interest. It seems like many traders are trading other crypto asset holdings for bitcoin. Ethereum, which has been in the good graces of crypto-traders so far is bearing the burnt at this time. With more people trading in their ether holds for bitcoin, the number of takers for ether has significantly reduced at the moment. This has led to a drop in the value of ether.

http://www.newsbtc.com/2016/05/29/bitcoin-price-rockets-past-500-ethereum-slump-imminent/
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