Bitcoin Cash Continues Climbing Over $2K, Retreats

The death of SegWit2X was seen as a huge boon for the Bitcoin Core team, and social media channels were full of Core supporters congratulating each other. Some supporters of the hard fork even went as far as apologizing for supporting the divisive measure

However, as the dust from the fork cancellation settled, it became quite clear that the price of Bitcoin had begun to decline. As the price declined, the price of Bitcoin Cash rose in correlation.

As it continued to rise the reality of the situation became clear. Much of the support for Bitcoin was beginning to shift to Bitcoin Cash.