Bitcoin Cash $700 USD, Bitcoin Stable

The Bitcoin Cash price has doubled since it’s inception, and while some analysts thought the price increase in Bitcoin Cash would cause some deflation on the Bitcoin Currency, they have likely been surprised with the price of Bitcoin holding around the $2700 price point.

The Bitcoin cash continues to be sporadic as some exchanges have been selling the coin above $1000, while others are slowly pushing upwards.

The highest prices are being seen on Bittrex and Yobit, where the price are being excluded from the average price because of the increased variance and price spread.

It is likely that the other markets will correct with the BCC/BCH prices on the exchanges where the prices are higher, but it is too early to tell how the prices will react as traders steadily try to hedge their Bitcoin and Bitcoin Cash into separate wallets.

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