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Bitcoin Cash enters top 3 of the CryptoCurrency Market Capitalizations list

01 August 2017 21:00, UTC

Bitcoin Cash (BCC/BCH), a new cryptocurrency emerged due to hard fork and Bitcoin blockchain division (ссылка на первую новость от 02.08 Новый цифровой актив Bitcoin Cash появился в результате хардфорка), entered the third place in the cryptocurrency capitalization list despite its immaturity.

The data from Coinmarketcap shows that in 2 August 2017 the market capitalization of BCC made $7,576,068,939. The market has witnessed the arrival of 16,482,113 BCC, which is almost equal to the BTC quantity. This is quite logical if we remember that BCC was born when the BTC chain divided into two.

The capitalization of BCC left behind the market leaders of the past, such as Lightcoin and Ripple. The 1st place is still occupied by Bitcoin, while Ethereum ranks second in the list.

At the time of publication, the value of one BCC was 459.65 USD. The value of bitcoin has shrunk a bit in comparison to the day before, when the maximum BTC price reached $2900, currently one bitcoin equals $2690. For now, we can’t say with certainty if this turbulence directly connected to the segregation of Bitcoin blockchain.