It’s a green day for the crypto world today, November 4, 2018. The cryptocoins are now experiencing a little bump in price after the shocking hit about Maple Change last week. This is coming after Binance announced it will be supporting the upcoming Bitcoin Cash hard fork.
Even after losing to OKEx yesterday, Binance is still the biggest cryptocurrency exchange platform. The upcoming Bitcoin Cash hard fork which is scheduled to hold in November 15 will see other cryptocurrencies coming out of Bitcoincash and it’s fully supported by Binance.
After the news of the support, Bitcoincash price rose to over 15% in just 24 hours. Going from $425 yesterday to $539 as of the time of writing this report.
Other cryptocurrencies tapped into the “good news” as well, but it wasn’t really that obvious. Bitcoin is still pretty much stable, going from $6,358 to $6,388 and gaining about 0.15% in the past 24 hours.
Litecoin and Ethereum weren’t left behind, they went from $50.75 to $53 and $199 to $201, gaining 4.07% and 0.54% respectively. While it was all green on the chart, we can’t say the same for Ripple.
The cryptocoin dropped to the 10th position in terms of market capitalization. It went from $0.458 yesterday to $0.455 today, losing about 0.25% of its price.