Bitcoin Cash has become the second-most-valuable cryptocurrency in the market with a price of $9,100 at around $972.25 per coin, according to CoinMarketCap.
That makes it the most valuable cryptocurrency by market cap.
Algorithmic analysis company BitFury.com reported that Bitcoin Cash (BCH) has reached a $10 million valuation, up from $8.8 million a week ago.
Backed by the cryptocurrency’s strong price and its strong supply chain, Bitcoin Cash is currently the second most-valued cryptocurrency, ahead of Ethereum.
The cryptocurrency has gained over 10% in 2017.
Bitcoin Cash has gained almost a quarter of a percent over the last week and a half, to a market cap of $14.3 billion.
Its market cap is now over $10 billion.
This makes it one of the most valued cryptocurrencies by market capitalization.
With its market cap, Bitcoin is now valued at $12.5 billion.