Bitcoin Cash Sees Surge After Cancelling of SegWit2x

BitcoinCash Logo via Wikimedia.org

It seems as if the cryptocurrency markets are reacting nicely for at least one Bitcoin product, or shall we say former Bitcoin product after the cancellation of SegWit2x. Bitcoin Cash came into existence at the August 1, 2017 fork, when Bitcoin Cash became the unpopular choice and plummeted from around $900 territory to $300 territory according to coinmarketcap.com's records. It seems as if Bitcoin Cash will finally pay off for some investors, at least in the short term, as everyone was in agreement on the need for bigger blocks on the original Bitcoin blockchain.

While alt coins had the big day yesterday, it seems as if investors are selling off profits this morning in early trading, trading off about 2-6% on average after huge gains for most yesterday.

Bitcoin Cash is the big story in early trading today, with both price and trading volume working in their favor. At almost $3 billion in volume in the last 24 hours at the time of this post, more gains look in sight for today. Can it reach $1,000 today is the question I think is on everyone's mind today. Tell us what you think?