Chart of the Day | Today's big Gainer

[valerie_zurich]

Bitcoin Cash is today's big gainer as prices are spiking above new all time highs for the cryptocurrency. BCH/USD markets are experiencing an explosion on trading volumes while the upward spike affecting the price is contributing to gains beyond 10% through the last 24 hours, with the bullish trend continuing even as prices rise further above $2000. It'd be safe to say that Bitcoin Cash hasn't gotten traders used to such price spikes, so a pause to the rally wouldn't be unlikely.



Chart Source:
https://cryptocoincharts.info/pair/bch/usd/kraken/today

[Stayn]

Is there any news? What is the reason for the spike? Possibly another attack from the Bitcoin Cash team starting? But Bitcoin is far ahead this time.

[quantumcomputing11]

Is there any news? What is the reason for the spike? Possibly another attack from the Bitcoin Cash team starting? But Bitcoin is far ahead this time.

Don't think there is news pretty sure this is just one of those good ol pump em ups and dump em downs. And sure miners may temporarily switch but not as much and as long as they need to do the flippening.