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Wednesday, August 2, 2017

Bitcoin Cash Supporters Continue to Hold on Bitcoin As BTC Shrugs Off Fork

Bitcoin Cash Supporters Continue to Hold on Bitcoin As BTC Shrugs Off Fork

So far, the Blockchain split between Bitcoin and Bitcoin Cash has been relatively uneventful. The Bitcoin price experienced some volatility, dropping by about 10 percent this morning, before recovering about half its losses.


Earlier today, Kraken began crediting Bitcoin Cash to holders of Bitcoin on its exchange, while simultaneously launching Bitcoin Cash trading pairs. The price of Bitcoin Cash has remained relatively stable around 0.07 BTC, or about $190.


Bitcoin seems to have stabilized around $2,750 at press time.


There had been speculation that the launch of Bitcoin Cash could result in wild market fluctuations, but that does not appear to have happened.


Full story at http://bit.ly/2tYGVSL


Source: CoinTelegraph


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