The price of cryptocurrency, Bitcoin Cash had reached $4,000 earlier this week after one of the major cryptocurrency exchanges, Coinbase announced trading of Bitcoin Cash. Currently, the price is hovering around $3,500. The value has increased more than double in past month or so.
Bitcoin Cash is a fork of original Bitcoin project.
Coinbase has also added free Bitcoin Cash to account holders that had Bitcoins in their account on Aug 1, 2017. Users will see same number of Bitcoin Cash coins as their bitcoin coins on the date.
In other crypto news
Coinbase is being sued for insider trading.
Litecoin founder Charlie Lee sells all of his Litecoin coins.
Bitcoin.com co-founder dumps his Bitcoin and replaces Bitcoin Cash.
'Bitcoin Jesus' says investors should be ready in case bitcoin falls out of favor
Bitcoin Prices Are Headed to $0.00: Peter Schiff
