Today was a crazy day in the crypto space. As the hard fork got cancelled there was a lot of uncertainty about Bitcoin. People were not sure where it is going. It was either going even higher towards 10 000$ or getting a pull back, which was probably more likely and it happened. Bitcoin is now trading at around 6500$. That uncertainty in Bitcoin made people move their money to other currencies - and there we have bitcoin cash. It seems like a large group of people with large compound buying power moved their money from Bitcoin to Bitcoin cash. As a result of that now Bitcoin cash sky rocketed all the way up to 1050$! These asian investors effected the BCH price like never before. Maybe buying Bitcoin cash at a price over 1000$ can be called FOMO, or it might turn out to actually be a good idea if it keeps going like crazy. We will see tomorrow what the crypto world has prepared for us.
