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Bitcoin Cash Sky Rockets 40% In One Day

Bitcoin Cash

The hard folk was the biggest test yet for cryptocurrencies and not only have they survived but a new coin has been produced which is now a serious rather to its father. Many thought that Bitcoin Cash would not survive after the Blockchain split into two but now that the dust has settled it is seen as an attractive investment.


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It has a faster processing speed and it not encounter the scaling difficulties Bitcoin will still have to overcome. Due to the advantages investors have decided to heavily invest which has seen the price sky-rocket 30% in one day alone. It is possible that it will catch up to the record breaking price of over $20,000.

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Bitcoin is the world most valuable crypto which is why many investors are willing to give it a punt while the price is still cheap to get massive returns.

The bitcoin offshoot, bitcoin cash, soared Friday after indications the alternative digital currency could make its goal of speeding up transactions. Bitcoin cash rose 40 percent from Thursday’s close of $460.53 to briefly hit $655 Friday afternoon, according to CoinMarketCap. That’s the highest since bitcoin cash touched $756.93 on […]

Click here to view original web page at ‘Bitcoin cash’ surges 40% in single day as investors bet on its faster processing speeds

This post was last modified on December 16, 2021 1:40 am

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Daniel

I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

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