💥Hard Fork Leaves Bitcoin Cash In Turmoil
The Bitcoin Cash hard fork seems to have injected huge uncertainty into the cryptocurrency market, sparking a savage blood-letting as the value of every major coin against the US dollar plummeted.
Bitcoin Cash split into two separate coins on November 15, leaving the original Bitcoin Cash and the new Bitcoin Cash ABC and Bitcoin Cash Satoshi’s Vision.
Shortly after the divergence, the market crashed, wiping billions of dollars off the market capitalisation.
Bitcoin – the original cryptocurrency – plunged from $6,341 on opening on November 14 to $5,070 on November 19 – the lowest rate in more than a year and a steady downward slide that shows no sign of abating.
The Bitcoin Cash hard fork seems to have injected huge uncertainty into the cryptocurrency market, sparking a savage blood-letting as the value of every major coin against the US dollar plummeted.
Bitcoin Cash split into two separate coins on November 15, leaving the original Bitcoin Cash and the new Bitcoin Cash ABC and Bitcoin Cash Satoshi’s Vision.
Shortly after the divergence, the market crashed, wiping billions of dollars off the market capitalisation.
Bitcoin – the original cryptocurrency – plunged from $6,341 on opening on November 14 to $5,070 on November 19 – the lowest rate in more than a year and a steady downward slide that shows no sign of abating.