Buckeld up and still not able to stand up from the seat?
That kind of movements are also possible in the cryptospace. Bitcoin hits new highs since it overcame the last hurdle of 3350$. It established stable grounds at 3450$ after hitting the new ATH (All Time High) of 3484$ and beat its former best by 100+$. With BITCOINS uptrend after the hardfork and with BIP 141 locking in right in this moment the entire market made huge steps if one analizes the market capitalization. All the unknowing, the nervousness and hesitation about the forthgoing of the cryptospace let to the highest it has ever been now as the space seems released from its headlock. Therefore the market experiences a capitalization north of 120 Billion$ which means that the cryptospace has reached never seen levels. Again the market is off to uncharted territories.
image source:
FLYING HIGH IN CYPTOSPACE
Bitcoin Cash on the other hand is recovering after a round bottom shape seemed to has formed. First BCH was made to only serve as a profit-making-machine shortly after its introduction resulting in huge gains at first and a steep decline in the following. Thus far Bitcoin Cash has traded as high as 750+$ and also as low as 200$. Now it is leveling out at around 350$. Also it right away took the 3rd place in market capitalization leaving ripple on 4th after holding that place since a long time. Right now BCH no longer is in the TOP 3 although it still trades on 3rd place by the 24h volume. With that said it still keeps beeing really interesting what is about to happen. Who knows whether one day in the near future will bring the two BITCOINS on the TOP constantly competing for the number one spot. Another probable outcome could be that BCH will slowly dwindle into spheres of no further relevance.
What do you think about the two BITCOINS and its career path ?
As of always thank you for reading, commenting and resteeming my content and stay CRYPTUNED!!
As a cryptoenthusiast I wouldn´t mind you donating whatever amount the informations seem worth to you. Here are my addresses :
♥ ETH: 0x3483889ce1b7e2f8c01313cf9464064b93163ec0
♥ BTC: 1Dcui9ULMxUpMfGTTQU8Gb2WfPn9orjFtS
♥ LTC: LNkfL4x8fkR9BaHBsNzRmTnheLzMTEhGY
♥ Dash: Xe9zHUQgxBR4Fsnj78oSGiFs53LDYBbbNo
♥ ETC: 0xce15aa840c952b1ae55446591372266a0f6e5e7a
♥ ZEC: t1QMLpmauWd88acksp5JYwRtg9VPQMpScfD
♥ DGE: D9XeQjwtwVxG8E4pPGvixMqF9EzUzvWDHB