Home Blockchain News Bitcoin Cash Price: Don’t Trust Rallies That Start on Crypto Twitter

Bitcoin Cash Price: Don’t Trust Rallies That Start on Crypto Twitter

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By CCN: The bitcoin cash price surged on Monday and Tuesday as a social media campaign pressuring crypto exchanges to delist its top rival gained momentum. The fourth-largest cryptocurrency set an intraday high at $324.80 following the Asian market open. Unsurprisingly, BCH demonstrated an inverse trajectory to bitcoin SV (BSV). As some of the leading cryptocurrency exchanges announced that they would delist the controversial cryptocurrency, the bitcoin SV price plunged by 23-percent. At the same time, the bitcoin cash price appreciated more than 10-percent against the dollar. One straightforward theory suggested that crypto traders were dumping BSV for BCH, and

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