how to Bitcoin That Wiped $38 Billion From Market Value
While bitcoin cash surged over the weekend, it hasn’t been a straight line up. The cryptocurrency was trading at $1,300 at 9:47 a.m. in New York, down from a high of about $2,478 on Sunday, Coinmarketcap.com prices show.
Bitcoin has been similarly volatile; it initially rose after news that it would avoid another split, but the gains were short-lived. Its plunge earlier Monday to as low as $5,605 compares with an intraday record $7,882 on Nov. 8.
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