Bitcoin cash leads the crypto market rally this week, jumping over 50% within 24 hours, a new BCH wallet uses the Cash Accounts protocol, and the first Bitcoin Cash based token has been listed on an exchange. All that and more in this week’s video news update with Roger Ver shared on Bitcoin.com’s Youtube channel.
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BCH Catapults Back Into the Top 5
The impressive crypto market rally this week was led by bitcoin cash. The price of BCH spiked well over 50% within just 24 hours on Tuesday, April 2. The cryptocurrency reclaimed its place in the top five digital coins, reaching a market capitalization of over $5 billion.
At the same time, increasing prices and transactions caused significant network congestion on the Bitcoin Core network. The number of unconfirmed transactions in the BTC mempool has been growing steadily, leading to slower and more expensive transfers.
Meanwhile, a new open source bitcoin cash wallet called…