Bitcoin Cash Price Retakes $1,125 Through Solid Overnight Gains

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Bitcoin Cash Price Retakes $1,125 Through Solid Overnight Gains

March 12, 2018 News 0

A lot of exciting things are happening in the world of cryptocurrency as of right now. After a very troublesome weekend, things are slowly heading in the right direction again. A lot of markets are noting double-digit percentile gains as we speak. If the Bitcoin Cash price is any indication, things will get pretty interesting this week. Solid Bitcoin Cash Price Gains It has become evident all cryptocurrencies remain linked to Bitcoin’s market momentum for the time being. While this correlation between Bitcoin and altcoins has been present for quite some time now, there was a time during which a few alternate currencies seemed to decouple from Bitcoin. So far, that hasn’t materialized in any major trends just yet, though, but we can only hope things improve. Until then, the Bitcoin Cash price will continue to follow a pattern quite similar to Bitcoin’s. To put this into perspective, the Bitcoin Cash price has risen by 12.07% over the past 24 hours. That is quite a positive development in this regard, although it remains to be seen how long this current trend can be maintained as of right now. It is also interesting to note how the Bitcoin price has increased by an almost identical percentage over the past 24 hours. It is also worth noting the Bitcoin Cash price has lost some momentum compared to Bitcoin. More specifically, the BCH/BTC ratio decreased by as much as 0.47%. This has not impacted the Bitcoin Cash price in any negative way so…
Source: Bitcoin Cash Price Retakes ,125 Through Solid Overnight Gains