Bitcoin cash's price rallied after plans for a so-called "hard fork" in the original blockchain were scrapped by developers.
A number of people within the bitcoin community had hoped for an upgrade to the blockchain known as SegWit2x to speed up transactions. The upgrade would have likely resulted in another split in the blockchain. It was planned to go ahead this month but was shelved due to waning support.
But “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ― Warren Buffett
Now, There're a good opportunity when we should buy the dip bitcoin
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news: Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency...