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Friday, August 4, 2017

Bitcoin Price Eyes $2,900, Bitcoin Cash Crashes Towards All-Time Lows

Bitcoin Price Eyes $2,900, Bitcoin Cash Crashes Towards All-Time Lows

Bitcoin Cash (BCH) continues to fall for a second day as Bitcoin (BTC) posts gains and other cryptocurrencies remain stable.


Cross-exchange data from Coinmarketcap shows BCH is still the fourth-largest cryptocoin by market cap, despite falling 35 percent in the past 24 hours.


The losses continue BCH’s downward trend since its price spike Aug. 2, which saw the Bitcoin fork reach a high of $727, Coinmarketcap data shows.


Current prices revolve around an all-time low of $285, yet spreads on exchanges vary considerably.


Full story at http://bit.ly/2huB6uz


Source: CoinTelegraph


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