The Bitcoin Cash/Bitcoin duo opened at a 0.003 today on American telephone substitution Bittrex. But only an hr later the launch, Bitcoin Cash climbed to a daily high of 0.14789 against Bitcoin. While on HitBTC, Bitcoin Cash (BCH) is currently trading every bit high every bit $360.
Social media as well as Reddit forums were rife amongst speculation that the value of Bitcoin Cash would crash to $0 at launch, every bit existing Bitcoin holders would dump their BCH holdings. But those theories were proven incorrect today every bit investors on Bittrex as well as Kraken snapped upward the cheaper BCH coins.
Although in that place are neat discrepancies at this fourth dimension betwixt BCH telephone substitution rates on unlike trading venues due to sparse liquidity, Bittrex's BCC/BTC trading duo has the most book as well as therefore far today, beating Kraken's BCH/BTC duo past times virtually $2 million.
At press time, the Bittrex BCC/BTC duo has seen 2997 BTC ($8.26 million) inwards Bitcoin Cash trades inwards the get-go 2.4 hours.
Since the Bitcoin Cash telephone substitution charge per unit of measurement on Bittrex is currently hovering at 0.1087, the most accurate toll for Bitcoin Cash inwards dollars would live on about $298.925.