Bitcoin is the top ranked coin in the market. The price of BTC dropped by 6.45% in the course of the past 24-hours. The trading volume recorded is $18.001 billion, whereas the supply has 17,875,225 BTC tokens in play. The total market cap of Bitcoin is $190.248 billion. This depicts that Bitcoin has suffered losses in the span of a few days. BTC is priced at $10,643.11 for now.
On the other hand, Bitcoin Cash, ranked at #4 on coinmarketcap, jumped by 6.38%. The price has been steadily growing for a while, and BCH stands at $350.55 presently. The trading volume recorded is $1.780 billion, while the supply has 17,946,363 BCH tokens involved. The total market cap of Bitcoin Cash is $6.291 billion.
I know a lot of people like to shit on RSI here on Twitter but, c’mon… go ahead, take a peak.
— The Crypto Dog📈 (@TheCryptoDog) August 14, 2019
New Zealand has henceforth declared that salaries can be paid to employees in the form of Bitcoins [BTC]. Now, this small and progressive nation in the South is bound to witness a greater rate of adoption involving cryptocurrencies. From September 1st, organizations will be able to make payments to bank accounts using cryptocurrencies.
A proposed law dictates that even bonus might be paid in a similar manner. Tone Vays who is a long-time supporter of the king coin and has been heavily dismissive of Ripple in the past posted this
The SEC is bringing Thor’s Hammer… The next #Bitcoin Law Review is gonna be epic… Come at me $XRP Army “of the Brain Dead” your scam coin should never have existed #Ripple Corp! pic.twitter.com/MX03F9QMqA
— Tone Vays [Bali – Financial Summit] (@ToneVays) August 14, 2019
Executives of Ripple have tried to distinguish themselves from the rest of the projects in the market many a times prior to this moment. The future might be bleak for XRP HODLers as the coin refuses to surge ahead.