Bitcoin Cash still rises by 20%

Nov. 04 Bitcoin Cash still rises by 20%

(Emden-Research.com – 18:45 hour) – Before the expected range on November 15, the price of Bitcoin Cash (BCH) has further increased by 20% to 535 US dollars. Yesterday again, the price had risen by 12%, from $ 425 to $ 477, to the north.

"Twice a year, the Bitcoin Cash (BCH) network is hotly contested as part of the planned protocol upgrades.The next difficult stage of the BCH is scheduled for November 15, 2018 and Coinbase is ready to support the roadmap published by bitcoincash.org, "said Coinbase.

Fivefold volume

The volume of the room has almost quintupled in three days. Since November 1, BCH's volume has grown from less than $ 200 million to $ 980 million.

Investors diligently collect BCH

Currently, investors are collecting as much BCH as possible to take advantage of the hard range. The original holders of Bitcoin Cash will be equipped with an amount equivalent to that of the new Bitcoin cash chain. A fork is a consensus disagreement that only decides what to do or not to do. The result is often the modification of the source code, which can give rise to flexible or difficult ranges for the changes to take effect.

The rest of the market stagnates

In addition to Bitcoin Cash, most major cryptographic currencies and small-cap tokens realized marginal gains.

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TIMO EMDEN, MARKET ANALYSIS (B.A.)

Timo Emden has a degree in Business Administration, B.A. and a Market Analyst. For more than 12 years, he has dedicated himself to global financial markets, especially to cryptographic badets. Mr. Emden has already proven his expertise to two of the world's leading online brokers, while developing his affinity with the markets. His badessments of the global financial markets are based on mapping and sentiment – but he still considers the key fundamentals to be significant. As a market expert, Mr. Emden is a privileged interlocutor for television, press and radio.