30 Nov '16, 1pm

Altcoin Trading Declines, Bitcoin Value Rises

With the controversial debut of Zcash, decline of Ethereum and the stumbling value of Monero, the Altcoin market has had a relatively underwhelming week in terms of trading volume, price volatility and development. Meanwhile, Bitcoin has shown consistency over the past week, hovering at $736 in most major markets. Underwhelming performance of Altcoins A few of the most highly anticipated and supported cryptocurrencies or assets are Ethereum, Zcash and Monero. Similarly, the three digital currencies or assets have strong development communities and cryptography that supports their networks. However, each network has been dealing with issues that have resulted in the failure of decentralized applications, decline in community support and limited growth in user base. Only a month after Cointelegraph’s report on the improving performance of Ethereum’s Ether, the network began ...

Full article: https://cointelegraph.com/news/altcoin-trading-declines-b...

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