Price of Bitcoin Cash Soars to All Time USD High of $2700

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With Bitcoin’s recent correction from $20,000 down to $18,000, Bitcoin Cash (BCH) has rallied, currently valued at over .15 BTC and over $2,700. With uncertainty surrounding Bitcoin increasing due to launch of CME futures and ever increasing network congestion, investors are flocking to BCH as a hedge against Bitcoin. Since its inception on August 1 of this year, Bitcoin Cash has maintained an inverse relation to Bitcoin. After touching $20,000 on Sunday, Bitcoin has gone through a gradual decline, currently trading around $17,700. This correction can be attributed to uneasiness surrounding yesterday’s launch of Bitcoin futures trading on CME, the largest derivatives market in

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