It is hard to look past Bitcoin which has yet again, for another week, risen significantly in price!
However, our crypto of the week is Bitcoin Cash. The price of Bitcoin Cash has risen from $453 at the start of the week, and reached a peak at $682 before ending the week at $620.
The gains in Bitcoin Cash has been largly overshadowed by Bitcoin – the gains it has made have gone largely unnoticed due to the success and attention from its rival Bitcoin.
The news concerning Bitcoin Cash is currently positive. The coin that was created due to a hard fork in Bitcoin, is set to undergo an upgrade. The team behind Bitcoin Cash appear to be extremely dedicated.
We shall post further news on Bitcoin Cash shortly, but with the segwit2x hard fork set to take place (another Bitcoin hard fork), we would not be surprised if Bitcoin Cash attracted investors away from Bitcoin – thus pushing the price of Bitcoin Cash higher.
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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.