What is causing bitcoin cash to spike

In the 24 hours prior, trading volumes for Bitcoin Cash shot up across multiple exchanges. Alex Wang Mar Amazon is the biggest threat to bitcoin right now.

1. Safe haven

However, over the last two monthsthe crypto market has tumbled again and BCH has come crashing. Will BCH start pushing higher again thanks to recent developments? And if so, what are the next levels of support to look out for? Or will Bitcoin Cash drop further? For the time being, I expect BCH to trade below its EMAs for a while and to attempt to recover towards the day EMA — even though the market is showing no signs of a recovery just. Safe trades! You can find all the details herebut the most juicy news seems to be the recent spike in adoption due to the implementation of smart contracts.

The Top Digital Currency Markets

By using our site, you acknowledge that you have read and understand our Cookie Policy , Privacy Policy , and our Terms of Service. Her is what I see: imgur. Someone could have programmed a bot to place buy-orders every hour based on a some historical price average, say over the last 24 hours. Podcast: We chat with Major League Hacking about all-nighters, cup stacking, and therapy dogs. Listen now. Home Questions Tags Users Unanswered.

Bitcoin Cash Fundamentals Look Bullish

However, over the last two monthsthe crypto market has tumbled again and BCH has come crashing. Will BCH start pushing higher again thanks to recent what is causing bitcoin cash to spike And if so, what are the next levels of support to look out for?

Or will Bitcoin Cash drop further? For the time being, I expect BCH to trade below its EMAs for a while and to attempt to recover towards the day EMA — even though the market is showing no signs of a recovery just. Safe trades! You can find all the details herebut the most juicy news seems to be the recent spike in adoption due to the implementation of smart contracts.

Roger, like myself, believes key components for mass adoption are speed and flexibility. In a way, they do enable milestone-based funding, which may be the new and better way of conducting ICOs instead of simply creating an extra layer of complexity with STOs that require KYC and accreditation — something that goes against what we should be promoting within the crypto ecosystem.

Current live BCH pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest BCH price. Pricing is also available in a range of different currency equivalents:. Bitcoin Cash was born out of the idea of making Bitcoin more practical for small, day-to-day payments.

In MayBitcoin payments took about four days unless a fee was paid, which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August If you want to find out more information about Bitcoin Cash or cryptocurrencies in general, then use the search box at the top of this page.

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news. No matching results for ».

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2. Mainstream appeal

But the spiks could continue tomorrow morning. Coin and Crypto Jun On GDAX the volatility was even greater. Share this story:. As such, there should never be any mempool issues whatsoever. Continue the discussion. Follow us on:. Will Bitcoin Cash continue to climb? Anthony Xie. Joon Ian Wong Technology Reporter. Every week! Coin and Crypto Showcasing the best and worst of cryptocurrency!