Bitcoin Price Falls Below $2550 Due to Renewed Fears of August Fork
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Bitcoin Price Falls Below $2550 Due to Renewed Fears of August Fork
On Friday, when the price of Bitcoin neared $3000, we advised caution as one can never be truly certain of how things will turn out with this wild ride. Today traders are seeing the truth of this, as the price is now below $2550 after falling over 9%.
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The reason for these repeated ups and downs is the ferocious debate in the Bitcoin community about implementing a blockchain feature called Segregated Witness (SegWit) which is meant to add to the transaction capacity of the ... (read more)
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