Bitcoin Fell To 5,706$ After Reaching Its Highest Level

Trade Magnates -Bitcoin fell to 5,706$ on the U.S. Bitfinex exchange after reaching its highest level at 5,876$ earlier on Monday.

The digital currency has rallied after the anticipation of a hard form in Bitcoin creating Bitcoin Gold that will be freely distributed to current Bitcoin holders. The split of Bitcoin from Bitcoin Gold will be on October the 25th creating ASIC resistant cryptocurrency to ease the way from the current Bitcoin mining dilemma.

Ethereum, the second largest cryptocurrencies by market cap, lost 0.83% to 334.24$ after the latest upgrade to Ethereum’s blockchain protocol – Byzantium – went live earlier today.

#Bitcoin #Crypto #Cryptocurrencies #Ethereum #VirtualCurrencies #DigitalCurrency

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