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Stats: 340 members, 4,599 Topics. Date: January 20, 2018, 8:26 am

Bitcoin Cash Gains All Time Height Of $3,002.86 On Coinbase

TodayNewsReview / General / Business / Bitcoin Cash Gains All Time Height Of $3,002.86 On Coinbase 155 Views

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Bitcoin cash gains has just recorded an all time heights today and still look very promising to gain more as speculations are very high at present in bid against its rival bitcoin (BTC).

As per CoinMarketCap, the world's third-largest cryptocurrency by market capitalization toppled its previous record high of $2,477.65 (Nov. 12 high) and rose to a new record of $3,002.86 today.

According to Amanda Diaz‏, who just tweeted the image below, "Bitcoin cash just popped up on my Coinbase"

Meanwhile, week-on-week, BCH has appreciated 43 percent.

The stellar rally is a part of the broad-based strength witnessed in the alternative currencies since last Tuesday. With bitcoin (large cap) showing signs of fatigue near the $20,000 mark, the rotation to small caps seems to have gathered pace. This is evident from the spike in trading volumes on exchanges offering BCH/BTC pairs.

Also, the investor community may have bought BCH on speculation that integration with payment processor BitPay would open the doors to more widespread adoption (and boost its utility as a payment method).


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