Bitcoin cash briefly replaced rival digital coin ether as the second-largest cryptocurrency

Bitcoin cash briefly replaced rival digital coin ether as the second-largest cryptocurrency

A cryptocurrency that split away from bitcoin was temporarily the second-largest virtual currency by market value on Sunday. The market capitalization of bitcoin cash surged to more than $41 billion on Sunday at 2:29 a.m. ET, according to data by industry website Coinmarketcap. It dipped to $22 billion at 10:30 p.m. ET. Bitcoin cash usurped rival digital coin ether — the digital token of the ethereum blockchain — becoming the second-largest digital currency by market cap for a number of hours. Vitalik Buterin, co-founder of Ethereum, congratulated backers of the bitcoin offshoot on Twitter. Tweet In response to a […]

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