Can forks pump Bitcoin price?

in bitcoin •  7 years ago 


The last month has been turbulent for the cryptocurrecies world.

Fork done on August 1 (Bitcoin Cash) and oncoming fork on October 25 (Bitcoin Gold) raised Bitcoin price.

It happened despite Russia and China vetoes (maybe China will came back on its steps).

Does the fork contribute to the rise of the Bitcoin? Probably yes.


From the trends of other cryptocurrencies it seems that users sell altcoins to buy Bitcoin in perspective of the next fork.

From the attached image, you can see price trends of Bitcoin in relation to the fork.


bitcoin fork bitcoingold cryptocurrency pump
7 years ago by

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      ·  7 years ago 

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