View full page at cryptocraft.com

 

Why Bitcoin Cash Triumphed on Thursday

From fool.com

Bitcoin Cash (BCH 8.60%) is a hard fork of Bitcoin (BTC 2.04%). Because of this, its price tends to more or less track that of the foundational cryptocurrency. As the trading week approached an end, however, the two assets diverged a bit. On Thursday late afternoon, Bitcoin Cash was up by nearly 7% from 4 p.m. ET the previous day, while Bitcoin had only risen by 2.5%. A looming event for Bitcoin Cash was a major reason for this. The halving looms Bitcoin Cash is essentially an attempt to make a form of Bitcoin a useful, practical means of exchange for peer-to-peer transactions. While it hasn't yet succeeded with ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis