Bitcoin Cash is ranked at #4, ahead of Litecoin on coinmarketcap. The price of BCH climbed at a rate of 1.76% in the course of the past 24-hours. The trading volume recorded is $1.354 billion, while the supply has 17,964,125 BCH coins in play. At present, the total market cap of Bitcoin Cash is $5.65 billion. As of this moment, BCH is priced at $314.46.
Bitcoin SV is ranked at #9, above Monero and Stellar and has entered the red zone for now. The trading volume recorded is $292.390 million, whereas the supply has 17,854,986 BSV coins involved. The total market cap of Bitcoin SV is $2.406 billion. Currently, BSV is priced at $134.79, with a decline rate of 0.03% linked to it.
The hash war between the two networks has increased with the passage of time. A new report published by IntoTheBlock analyses the activity on both the chains, and it seems that BSV is coming out on top. According to BitInfoCharts, transactions tied to the Bitcoin SV network have been climbing recently.
“Bitcoin transactions are practically free.”
– Satoshi Nakamoto, 2010
“Bitcoin Cash transactions are practically free.”
– Bitcoin OGs, 2019
— Roger Ver (@rogerkver) August 23, 2019
Ver is the CEO of Bitcoin.com. A few years ago, he was a BTC fan but has since switched to BCH following the hardfork in 2017. However, problems associated with Craig Wright have only soared this year. In fact, he is facing a tough lawsuit from Dave Kleiman’s estate, because of allegedly being responsible for a forgery.
This isn’t the first time that the authenticity of Wright’s statements has been questioned. On the other hand, investors have been lining up in support of the BCH chain [even though BTC maximalists frown upon the forked chain].
Craig recently showcased a document, which he claims is the original “whitepaper” he wrote for the Bitcoin network. This has been heavily disputed by scores in the industry.