While the weekend was very chaotic for Bitcoin, things have begun to turn around. Bitcoin has recovered much of its loss, now stabilizing well above the $7,000 mark (running $7,200 at press time). At the same time, after the remarkable gains for Bitcoin Cash the coin has begun losing steam and is slumping below $1,200, or 11 percent down since yesterday.
While many had predicted a complete swap away from Bitcoin Core and a market takeover for Bitcoin Cash, it appears that the entire weekend was ‘full of sound and fury but signifying nothing’. […]