Bitcoin rallies to move closer to $5k as Ether slides

Source: MarketWatch

"Bitcoin rallied on Thursday in a bid to reclaim its all-time high of $5,000 as jitters over China’s move to declare initial coin offerings illegal further receded. One bitcoin climbed 1.4% to $4,679.60. However, ether, which trades on the Ethereum platform, slid 1.9% to $331.42, according to data from Coindesk.com. The Chinese government last weekend indicated that it will ban initial coin offerings, triggering a big selloff in digital currencies." (09/07/17)

http://www.marketwatch.com/story/bitcoin-rallies-to-move-closer-to-5000-as-ether-slides-2017-09-07