Price of bitcoin cash SV drops over 60% leading up to the Bitcoin Cash hard fork

MarketsNovember 15, 2018, 12:09PM EST
Price of bitcoin cash SV drops over 60% leading up to the Bitcoin Cash hard fork
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According to trading data from Poloniex, bitcoin cash SV is now trading at a weighted price of $82. The cryptocurrency was trading at a weighted price of $225 less than 24 hours ago—a drop of ~65%. Poloniex, in addition to other major cryptocurrency exchanges, has also suspended trading for bitcoin cash, over network stability concerns. The current price and volume for bitcoin cash SV and bitcoin cash ABC futures are as follows.

Below is the summary table.

Bitcoin cash SV is now trading at ~27% of bitcoin cash ABC’s price.  The Bitcoin Cash hard fork is estimated to commence at 11:40 am EST.