The Bitcoin Cash price increased by 36%

The market of crypto currency continues to grow rapidly. The rate of exchange of Bitcoin Cash (Bitcoin.Cash), the crypto currency, which appeared quite recently as a result of bitcoin hardfork, rose by 36.06%, up to $ 331.65. On Monday, the aggregate capitalization of the crypto-currency market reached a record level of 117.7 billion dollars. By the morning of Tuesday, according to Coinmarketcap, it already exceeded 120 billion. The rapid growth of the market began on Saturday, then the price of bitcoin went up above $ 3200 for several hours, setting a new historical maximum. On August 7, bitcoin exceeded the $ 3,400 mark. Its capitalization at 9:10 Moscow time on August 8 is 56.3 billion dollars, followed by Ether (ETH / USD) (25.4 billion dollars), and Ripple at the third place (6.8 billion dollars), while Bitcoin Cash comes in as Number Four – (5.4 billion dollars). Earlier, the crypto currency exchange Kraken opened the door for making deposits and withdrawing funds to Bitcoin Cash. To deposit, 20 confirmations are required, the number of required confirmations may be reduced in the coming weeks if the Bitcoin Cash network grows and more miners join it. At the weekend, a planned attack was carried out on the Bitcoin Cash network, during which cybercriminals took advantage of the vulnerability of transaction plasticity.

Source https://ru.insider.pro/