Crypto Markets Standing Still, But Bitcoin Cash And Litecoin March Uphill
The crypto markets took a breather in early trading this morning, with most of the top ten coins standing still on moderate volume.
The outliers this morning included Litecoin (up close to 2%) and Bitcoin Cash, which rose 3.4%. The rest of the market was up or down a few tenths of a percentage.
The Bitcoin Cash move was interesting given the controversy surrounding a Coinbase video released late in the week. In the video, Coinbase showed a transaction at a popup donut shop using Bitcoin Cash and processed using zero confirmations in three seconds. Some felt the video wasn’t real, while others insisted it was. A tweet from Coinbase CEO Brian Armstrong seemed to support the “realness” of it.