Bitcoin Cash Gains 11% as Bitcoin Price Drops Amid Network Congestion

05/09 19:21

Bitcoin cash (BCH) has seen an 11% increase in value over the past 24 hours, while bitcoin's value has decreased. This drop in bitcoin's value is due to network congestion that caused transaction fees to skyrocket over the weekend. BCH, which is designed to be more scalable and cost-effective than bitcoin, appears to have benefited from bitcoin's backlog of transactions.

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