Bitcoin Price Dips to $4,071 as Bitcoin Cash Becomes More Profitable to Mine

in bitcoin •  7 years ago 

The bitcoin price dipped below $4,100 on Friday after rising to a new all-time high on August 17. Bitcoin cash, meanwhile, broke out of its $300 rut and soared past $750 to regain the 3rd spot in the market cap rankings. At current levels, bitcoin cash is now more profitable to mine than the main bitcoin blockchain.

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Buoyed by bitcoin cash, the cryptocurrency market cap overcame the bitcoin and ethereum price recession to post a minor increase for the day. At present, the total value of all cryptocurrencies is $144.1 billion–a 24-hour increase of $50 million.

crypto-market-cap-aug18.png

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Source: https://www.cryptocoinsnews.com/bitcoin-price-dips-4273-bitcoin-cash-becomes-profitable-mine/

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Thank You!

Bitcoin Cash is going crazy! I was going to sell mine a week ago, glad I didn't now!

alot of miner start picking up bitcoin cash. in my opinion it will even boost up to $1k