The Bitcoin Cash hash wars ended over the weekend, and the two branches of the Bitcoin Cash (BCH) chain have gone their separate ways. The new assets are now treated differently by exchanges, with BCHSV fighting for influence.
BSV has gained more than 62% in the past 24 hours, rising to $98.19. Volumes also rose more than tenfold after November 24, signaling that clarity over the split has finally encouraged traders. The BCH price, which applies to the ABC version, sank to $178.02, crashing by more than 51% this week, but BCH remains affected by the general slide of the entire market.
In terms of hashing power, the competition ended within 10 days after the hard fork, and previous supporters of either version stopped burning cash for unrewarding mining.
This article appeared first on Cryptovest