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Top Cryptocurrencies to Watch This Week

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4 months ago

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Illustration: Chakkapong Khachonchit (Getty Images)

Bitcoin Cash (BCH) was created in 2017 after Bitcoin’s “hard fork.” A hard fork is a phenomenon in the blockchain world that occurs when the community makes substantial changes to the blockchain network and alters its rules.

Bitcoin was hard forked, giving rise to Bitcoin Cash, which featured faster transaction speeds. With its history tied to Bitcoin, the price of Bitcoin Cash often fluctuates with the leading cryptocurrency.

As Bitcoin surges after Trump’s speech, Bitcoin Cash is also following suit. The now-defunct Bitcoin exchange Mt. Gox has also finished paying its creditors in Bitcoin Cash, which could also contribute to the cryptocurrency’s surge.

Bitcoin Cash is currently trading at $454, up over 16% from last week.

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