Bitcoin cash outshines every other cryptocurrency; breaks $1500 barrier!
The recent increase in the price of Bitcoin has stirred up the crypto community. For all those who are surprised by the increase in Bitcoin price, wait till you hear the gain of Bitcoin cash!
Lately, Bitcoin cash has been the top gainer in the cryptocurrency market. Recently, it crossed the $1,500 USD milestone. However, buyers are looking to make the most of the situation and hence, are eyeing $1,600 USD!
A hard fork has been set to take place on the 15th of May, 2018 related to Bitcoin Cash. The Bitcoin Cash ‘consensus rules’ will be updated, which will also mark the release of a new software, named ABC 0.17.0. Users who are running the Bitcoin Cash node have already been asked to update from their current software to the new one.
As the value of Bitcoin Cash started to increase more than most other cryptocurrencies, the buying volume of Bitcoin cash on most of the exchanges found a huge spike. Some of the exchanges are charging a higher price compared to the actual one as well.
Though Bitcoin cash hasn’t been the leading gainer among cryptocurrencies on any particular day over the past month, it has certainly made heads turn by becoming the overall top gainer. Over the past two weeks, it has had a steady and continuous growth of at least 4%, with the increase on certain days going over 15% as well!
Experts have predicted that Bitcoin Cash would surpass its all-time highest of approx. $4,000 (which occurred on 20 December 2017) by the end of this year. It is also predicted that Bitcoin would cross $25,000 USD at the same time. If the current trend continues, there is no doubt that this would come to reality!
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