Bitcoin Dominates Crypto Markets, Shrugs Off Latest DipsteemCreated with Sketch.

in bitcoin •  7 years ago 

Bitcoin is the "honey badger of money", and it once again proved it's resiliency after a big sell off due to the Bitcoin Cash rally. After dropping to $5,600, Bitcoin is back about $7,000 for the time being, while the majority of the crypto market is down.

bitcoin cryptocurrency
7 years ago by

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      ·  7 years ago 

    It hit its all-time low of $ 5,426.00 on Sunday, its lowest since October 25, down nearly 32% from its peak of $ 7,888 on Wednesday.
    Of course, Bitcoin is known for trading volatility and it tends to rebound quickly. It seems however that Bitcoin Cash is in competition with its motto "mother" in the stakes of volatility.
    Trace Schmeltz, a partner at the Barnes & Thornburg LLP offices in Chicago and Washington, DC, a cryptocurrency observer, notes that it is not surprising that Bitcoin Cash is making rapid progress:
    @tighilt
    What was at the origin of the Bitcoin Cash rally?

    https://steemit.com/bitcoin/@tighilt/what-was-at-the-origin-of-the-bitcoin-cash-rally

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        ·  7 years ago 

      And bitcoin continues to power through!

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          ·  7 years ago 

        Do you think that #BTH BitCoin Cash will take over as the true #BitCoin?

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