No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin
— Bitcoin, Insistence, Fakeout — 1 min read
On June 29, Bitcoin Cash (BCH) set its lowest ever price against Bitcoin. BCH/BTC fell to new all-time lows of just 0.005 — 98.83% below its 2017 peak. The event was not lost on commentators, many of whom remembered Ver’s insistence that BCH would rise to replace BTC altogether. Even Bitcoin SV (BSV), the offspring of BCH which emerged during community infighting, has also fallen to new record lows of its own against BTC in May. On the plus side, BSV now buys more BCH than at any time since December of that year. The price of Bitcoin SV is now just 94.48% lower than it was at the start of 2020. Source