Bitcoin’s New Currency Trades Above $200 on First Day

Bitcoin’s New Currency Trades Above $200 on First Day
By Jeff John Roberts.

Bitcoin, the world’s most famous digital currency, split in two on Tuesday. So now there are two versions: The original one and a new type of online money called Bitcoin Cash, which is now being bought and sold at online exchanges.

The new currency was trading at about $215 on Tuesday, and, in what might come as a surprise, its arrival has not undercut the value of the original version. As of mid-afternoon, the price of bitcoin proper was around $2,750—not far below its all-time high of just above $3,000.

Here is a screenshot from the website CoinMarketCap, which shows the price of Bitcoin Cash over the last 24 hour:

Read more at Fortune.

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