Bitcoin Cash (BCH) is surging to $100 USD from $90 USD on Wednesday.
This comes as investors expect the cryptocurrency to reach $200 USD within days.
This is the second day of higher gains, as Bitcoin Cash surged by more than 30% to $10,400 in a day.
This would be a new all-time high for the cryptocurrency.
Bitcoin Cash has seen huge gains in the last 24 hours as traders expected the price to rise.
However, the cryptocurrency’s gains were still dwarfed by the gains of Ethereum and Litecoin.
However that is changing.
Ethereum and Bitcoin are now trading at more than $5,000 USD each.
Litecoin is trading at $1,600 USD.
Ethereum is trading around $1.20 USD.
On Wednesday, Bitcoin Cash fell to $1 and Bitcoin dropped to $6,100.
Bitcoin and Ethereum are now close to the $1 billion mark, according to CoinMarketCap.
Ethereum currently sits at $8,700 USD, and Bitcoin is at $9,900 USD.
There is a lot of volatility in the market right now, and investors are concerned that this could change in the near future.
However this is the first time that Bitcoin Cash and Ethereum have crossed the $10 billion mark in less than two weeks.
Bitcoin is still trading around the $5-6,000 mark, and Ethereum is still at $6.50 USD.
The chart below shows Bitcoin Cash’s and Ethereum’s trading pairs.
Both cryptocurrencies are currently trading around a $2.70 price difference.
Ethereum’s price has fallen by more or less 25% in the past two weeks, as traders expect Ethereum to hit $2,000 in the coming days.
Bitcoin has not been impacted as much by this bull market.
The price of Bitcoin is currently trading between $7,500 USD and $7.25 USD.
It is expected that the price of Ethereum will likely rise by another 10% or more in the next few days.
Ether is currently around $8.70 USD.