It's not only Bitcoin that's breaking records these days.?
Now that the dust around the cancelled Bitcoin fork has settled, several other cryptocurrencies are booming.?
Ethereum, a cryptocurrency that's also a platform for decentralized apps, has hit a record high on Friday, surpassing the price of $410 for the first time since June. It's currently trading at $442 according to CoinMarketCap, with a market cap of more than $42 billion.?
The price rise chartph.comes weeks after a bug in a popular Ethereum wallet Parity froze $150 million worth of ether (Ethereum's currency), which caused a short-lived price drop for Ethereum.?
But more importantly, with a 30% price rise in a week, Ethereum finally seems to be catching up with Bitcoin, which recently hit an all-time high of about $8,200. The price of these two cryptocurrencies, widely regarded as the two most promising projects in the world of crypto, correlated closely until July this year. Then, Bitcoin's price took off and Ether was left behind.?