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Crypto Traders Now See No Winner in Bitcoin Cash Fork

Published 14/11/2018, 16:15
© Reuters.

Early trading indicates crypto investors may no longer believe Bitcoin ABC, today the dominant software used to run the bitcoin cash blockchain, will hold on to its leading position following an expected fork tomorrow.

At press time, exchange markets set up in advance to offer traders a choice between Bitcoin ABC and its expected challenger, Bitcoin SV, show Bitcoin ABC has lost its early edge. After trading for more than $300 above the price of Bitcoin SV, data shows Bitcoin ABC, represented by the ticker symbol BCHABC, is now nearly trading at parity.

Data shows coins on a hypothetical BCHABC blockchain are now trading at $253, while those on a BCHSV blockchain are priced at $216, according to Poloniex.

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