Cryptocurrencies

Bitcoin Cash Wars End With No Relief for Biggest Cryptocurrency

  • Faction called SV plans to issue its own coin, continue chain
  • Bitcoin and Bitcoin Cash prices continue their declines

Roger Ver

Photographer: Anthony Kwan/Bloomberg
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The Bitcoin Cash wars are over.

Over the past week, two factions tried to take over the network and the name of Bitcoin Cash, the world’s fourth-biggest cryptocurrency. The struggle created market uncertainty and drove down its price by almost 50 percent, contributing to the slide in Bitcoin as well.