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Since yesterday, the price of Bitcoin and Bitcoin Cash have suffered parallel and opposite movements in delirious proportions!
Bitcoin Cash which offers 8 MB blocks and faster transactions has been preferred by some to Bitcoin, thus honoring the original idea of ââSatoshi Nakamoto on the principle of a decentralized currency and undermined by its users.
The price of Bitcoin Cash has fluctuated tremendously up to $ 500 in a few hours.
And these oscillations should continue between these two ranges.
Each currency to its supporters, and the winning coin will have a significant number of holders after all these fights.
These movements are not detrimental to cryptocurrencies and are only increasing support for this type of currency.
IOTA President David Sonstebo said:
"The whole Bitcoin / Bitcoin Cash drama and fork fiasc shows how Bitcoin is stagnating both as technology and community, and how centralized miners have the ability to manipulate the market as they see fit. In addition, it really shows the inherent limitations of Blockchain architecture. Regardless of how far the quorum decides to go, it will have a negligible effect on the adoption of Bitcoin as a transactional settlement layer."
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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
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Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
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{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
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