Bitcoin Cash 2019 Returns Double Those Of Bitcoin

Blockchain Intelligence Group | Crypto Investigations Platform

 

Bitcoin cash has surged this year, doubling in price and sharply outperforming its big brother bitcoin.

The altcoin (a digital currency besides bitcoin) rallied more than 105% between the start of 2019 ($160.53) and its annual high reached April 3 ($329.85), CoinDesk price data showed.

Bitcoin, on the other hand, has experienced less impressive gains, climbing roughly 45% between its price on January 1 ($3,690.19) and its 2019 high ($5,343.25), additional CoinDesk price figures reveal.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

When explaining the differing performance of these digital currencies, analysts pointed to several key variables.

 

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