On August 1st the Bitcoin blockchain forked into two separate networks producing a digital currency called Bitcoin Cash (BCH). Currently, there’s been a total of twelve BCH blocks mined so far as two mining pools have been dedicating resources to the forked chain.Bitcoin Cash Becomes the Third Highest Valued Cryptocurrency Market Cap
Yesterday we reported on the genesis day of — Bitcoin Cash — A historical event that will be forever remembered in cryptocurrency history as people witnessed the Bitcoin ‘community’ go separate ways with entirely different visions. Since the split, the price of BTC has consistently remained stable at roughly $2700. Meanwhile, BCH has been trading at around $475-590 per token beating out litecoin in market capitalization. Every exchange trading so far has had different prices per BCH producing significant spreads between each trading platform. According to popular market cap data sites like Coinmarketcap.com and Coincap.io Bitcoin Cash is the third highest valued market.
Coin market cap data August 2, 2017, 7 am EDT. Currently, fifteen cryptocurrency trading platforms are trading BCH including Bittrex, Kraken, Yobit, Viabtc, and more. On August 1st many Japanese exchanges announced supporting BCH trading as well over the next few days. Further, the currency is seeing over $129 million in 24-hour trades and is holding the fourth highest trading volume across global cryptocurrency markets. So far the currency is paired with currencies like CNY, USD, EUR, Bitcoin (BTC), Tether (USDT), and even Doge.
https://news.bitcoin.com/bitcoin-cash-now-third-highest-valued-cryptocurrency-market-cap/
