Bitcoin Cash has surged in value since its release yesterday, becoming a top three cryptocurrency with a market capitalization of more than $8 billion dollars at the time of report, according to CoinMarketCap.
Currently, the only two cryptocurrencies that are ahead of Bitcoin Cash in terms of market capitalization are Bitcoin and Ethereum, CoinMarketCap figures show.
Because of its sharp rise, Bitcoin Cash, a cryptocurrency that offers far larger block capacity than Bitcoin, has had a standout performance during its first few trading days, quickly vaulting into the spotlight.
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