Bitcoin News: Bitcoin Cash rise, Ethereum's demise ‘not surprising’ says crypto expert

in #cryptocurrency7 years ago (edited)

ETHEREUM'S loss in 2018 could be Bitcoin Cash’s gain according to a new report that combines data from trusted industry-specific sources
The report predicts a massive rise in the value of Bitcoin Cash, and a fall in once “unique” Ethereum.

In a report titled Cryptocurrencies: Past, Present and Future researchers claim to use historical data and a "data-driven algorithm" to predict that Bitcoin Cash will hit "$2000 per unit by May 2018”, marking from the beginning of the data set, a “130 percent jump in price”.

The research is less optimistic about Ethereum’s future price, which they say, "will plummet by more than $237 per unit in the next month or so."

ETH has lost a staggering 47.22 percent in value so far this month and is now priced at $459, a shadow of the $1,338.67 high hit in December.
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https://www.express.co.uk/finance/city/938221/Bitcoin-price-ethereum-cash-cryptocurrency-ethereum-BTC-BCH-to-USD-news

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