| On 4 years ago

Bitcoin Plays Safe While Bitcoin Cash Hits All-Time High And Drops Down to $800


Ever since the digital currency records its all-time high, its value has been trading between $4,050 to $4,200 range. The currency is averaged at $4,109 across the exchanges around the globe.

According to the data from CoinMarketCap, the newly formed Bitcoin cash shocked everyone with the value briefly touching $1,091, setting its own all-time high, since its inception. The coin, since its creation on August 1, after the bitcoin blockchain fork exhibited steady value around $300. The sudden spike in the prices of the stable currency is speculated from the enthusiastic trading at the South Korean exchanges.

The prices of the digital coin, however, dropped down and are operating somewhere near $800 mark. In all the cryptocurrency market capitalisation for all the cryptocurrencies currently at $146 billion, which was slightly down from the earlier set all-time of $147.2 billion, that very morning.