Wednesday, August 2, 2017

Bitcoin Cash is already the world’s third-largest cryptocurrency

Just over 24 hours after splitting from Bitcoin, the derivative currency Bitcoin Cash (BCC) now ranks as the third most valuable altcoin. With a market cap of more than $7.7 billion, BCC trails just Bitcoin (BTC) and Ethereum (ETH) after passing Ripple’s $6.7 billion cap in the wee morning hours. As for value, BCH trails only the currency it split from, Bitcoin, with a per-unit value of over $520 (down from a 24 hour high of over $755). You can attribute most of the rapid rise to the fork itself. After the two cryptocurrencies split yesterday, BTC owners were given…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

No comments:

Post a Comment