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Ethereum is the second-largest cryptocurrency again.
The decentralized app platform was holding the number two spot, behind Bitcoin, since last spring, until it was briefly dethroned by banking-oriented Ripple in January.
But Ripple’s price is currently in free-fall — down 19.2% in the last 24 hours — while Ethereum is up 6.9% according to CoinMarketCap.
The current price of Ethereum is $1,197.5 with a market cap of $116 billion. The price actually pulled back a little; earlier on Monday it briefly went to $1,261, a new record for the cryptocurrency. Read more…
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