The Terrible deserter that happened on Wednesday left bitcoin below 100 billionusd. The worst bear since 2018. currently the top two major altcoins XRP and eth are struggling out for the second place. Ethereum fell over to 170 usd while XRP has fallen to 0.4363. a cooling ICO market has also gone down the line as the amount raised via coin offerings plummeted to a $63.2 million in October. this is the lowest since March 2017 just before the token boom began, according to ICOData.io.
As the war for the second place continues,it is clear that XRP is taking the position. How long do we expect to see such position happening?
Some ICO's are still shorting Eth to get some money back from the ICO campaigns. That doesn't help either
It looks true consider about the fact that ethereum can't even being so far from the bitcoin's domination. XRP was getting a lot of support from the bankers. The down trend of crypto has been giving a huge impact to the ethereum. Ripple was playing on a good field.