Latest Bitcoin Cash price commentary
Bitcoin cash is rangebound between the $450 – $500. The market wider crypto still consolidating at yearly lows. The spread between tether and non-teher exchanges is still above 5% for BTC and alt pairs.
We are still firmly in a bear market regardless of 0x price pumps of 25% from coinbase listings. No trade zone for now but we will now see a battle for the direction in the crypto market between Binance (Top liquidity Spot Exchange) vs Bitmex (Top liquidity Margin Exchange)
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About Bitcoin Cash
Bitcoin Cash was born out of the idea of making Bitcoin more practical for small day-to-day payments. In May 2017, Bitcoin payments took about four days unless a fee was paid which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August 2017.
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As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.