Today highlight the Bitcoin Cash cryptocurrency, which at the time of writing this report is close to the key support of US $ 1,000.
The Bitcoin Cash is a cryptocurrency that arises on August 1 of the year 2017 and has certain characteristics of which the miners can benefit, its abbreviation is: BCH. It should also be mentioned that the cryptocurrency, despite having a new position in the market, has a relatively high value.
This cryptocurrency arises to see the collapse that Bitcoin is currently going through, that is, the Bitcoin is suffering consequences due to its high amount of demand and transactions made per day.
On December 20, 2017, Bitcoin Cash recorded its historic high at just over US $ 4,000, and then began to fall sharply.
I value Bitcoin Cash as the strongest fork with the greatest future potential. One of its advantages is how fast and economical it is to send money transfers, but not with its big brother: Bitcoin.
The graph below shows the strong volatility of Bitcoin Cash in its 7 months of life.
Bitcoin Cash is one of the few projects that has the ability to multiply its value several times, and even some more daring predict that in the not too distant future could be more expensive than the same Bitcoin.
The Bitcoin Cash cryptocurrency remains firmly in fourth place in the cryptocurrency ranking, with a market capitalization of over 17,000 million dollars.
The BCH is a very liquid token, and it can be traded in the main exchanges in the world, among which stand out: Bittrex , Bitfinex and Binance .