Bitcoin Cash surges this Thursday as bitcoin slips past $ 8,000 earlier this week.
On Bitfinex stock exchange based in the United States, Bitcoin Cash jumped 21.58% to $ 1,577.00 at 05:46 AM ET (10:46 AM GMT).
Prices were boosted after the integration of Bitcoin cash with digital wallet provider Bitwalla and the Bitstamp stock market on Wednesday.
Meanwhile, Bitcoin drops 1.56% to $ 8,097.50 on the US-based Bitfinex exchange. Tuesday, he hit $ 8,380.00 a higher since his creation.
Bitcoin has grown more than 700% this year, with three separate corrections of more than 25%, all of which have given way to subsequent rallies.
The rapid rise of Bitcoin has fueled fears over an asset bubble. Digital currency is still rarely used to buy real goods or services, making it almost a speculative vehicle.
At current prices, bitcoin has a total market capitalization of approximately $ 136 billion.
Recent volatility came from a slight rise in investors who turned to alternative cryptocurrencies, including Bitcoin Cash, which pushed it to record highs.
Bitcoin Cash surges this Thursday as bitcoin slips past $ 8,000 earlier this week.
On Bitfinex stock exchange based in the United States, Bitcoin Cash jumped 21.58% to $ 1,577.00 at 05:46 AM ET (10:46 AM GMT).
Prices were boosted after the integration of Bitcoin cash with digital wallet provider Bitwalla and the Bitstamp stock market on Wednesday.
Meanwhile, Bitcoin drops 1.56% to $ 8,097.50 on the US-based Bitfinex exchange. Tuesday, he hit $ 8,380.00 a higher since his creation.
Bitcoin has grown more than 700% this year, with three separate corrections of more than 25%, all of which have given way to subsequent rallies.
The rapid rise of Bitcoin has fueled fears over an asset bubble. Digital currency is still rarely used to buy real goods or services, making it almost a speculative vehicle.
At current prices, bitcoin has a total market capitalization of approximately $ 136 billion.
Recent volatility came from a slight rise in investors who turned to alternative cryptocurrencies, including Bitcoin Cash, which pushed it to record highs.