Markets Update: BCH Rallies, XRP Nears ETH Market Cap11.35

In the cryptocurrency markets, BCH appears to be confirming the recent establishment of a double bottom at approximately $422, preceding bitcoin cash’s rally this past week that culminated in breaking resistance at roughly $600 today. XRP has also produced a strong rally in recent days, with ripple currently appearing poised to overtake ethereum as the second largest cryptocurrency by market capitalization.

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