Bitcoin Price Lower and Altcoins Rise After SegWit2x Canceled

in #bitcoin7 years ago

Following the announcement of the cancellation of the SegWit2x hard fork, bitcoin's price skyrocketed in the following minutes from $ 7,900. In the following hours, the price plummeted and reached close to $ 7,000. An atypical volatility for today.
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The altcoins had one of their best days of the past few months, as several top-line currencies recorded double-digit price increases and capital returned to these altcoins from the bitcoin.

Nonetheless, the market value of crypto-coins rose and reached a mark of $ 206 billion.

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