The Bitcoin Cash/Bitcoin brace opened at a 0.003 today on American telephone substitution Bittrex. But simply an sixty minutes afterwards the launch, Bitcoin Cash climbed to a daily high of 0.14789 against Bitcoin. While on HitBTC, Bitcoin Cash (BCH) is currently trading equally high equally $360.
Social media together with Reddit forums were rife alongside speculation that the value of Bitcoin Cash would crash to $0 at launch, equally existing Bitcoin holders would dump their BCH holdings. But those theories were proven incorrect today equally investors on Bittrex together with Kraken snapped upwardly the cheaper BCH coins.
Although in that place are bully discrepancies at this fourth dimension betwixt BCH telephone substitution rates on unlike trading venues due to sparse liquidity, Bittrex's BCC/BTC trading brace has the most book together with hence far today, beating Kraken's BCH/BTC brace yesteryear almost $2 million.
At press time, the Bittrex BCC/BTC brace has seen 2997 BTC ($8.26 million) inwards Bitcoin Cash trades inwards the commencement 2.4 hours.
Since the Bitcoin Cash telephone substitution charge per unit of measurement on Bittrex is currently hovering at 0.1087, the most accurate cost for Bitcoin Cash inwards dollars would last some $298.925.
