The Bitcoin Cash/Bitcoin duad opened at a 0.003 today on American telephone commutation Bittrex. But simply an hr afterwards the launch, Bitcoin Cash climbed to a daily high of 0.14789 against Bitcoin. While on HitBTC, Bitcoin Cash (BCH) is currently trading every bit high every bit $360.
Social media together with Reddit forums were rife alongside speculation that the value of Bitcoin Cash would crash to $0 at launch, every bit existing Bitcoin holders would dump their BCH holdings. But those theories were proven incorrect today every bit investors on Bittrex together with Kraken snapped upwardly the cheaper BCH coins.
Although at that spot are dandy discrepancies at this fourth dimension betwixt BCH telephone commutation rates on dissimilar trading venues due to sparse liquidity, Bittrex's BCC/BTC trading duad has the most book together with thence far today, beating Kraken's BCH/BTC duad past times well-nigh $2 million.
At press time, the Bittrex BCC/BTC duad has seen 2997 BTC ($8.26 million) inwards Bitcoin Cash trades inwards the get-go 2.4 hours.
Since the Bitcoin Cash telephone commutation charge per unit of measurement on Bittrex is currently hovering at 0.1087, the most accurate toll for Bitcoin Cash inwards dollars would survive closed to $298.925.
