Bitcoin Cash 2019 Returns Double Those Of Bitcoin
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.
