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The bitcoin cash price rally isn’t over yet. The bitcoin offshoot recovered from its Monday recession to post a 20% gain on Monday, in part due to the successful deployment of an upgrade intended to bring stability to its network. The bitcoin price, meanwhile, resisted its recent tendency to move toward the inverse of bitcoin cash, and it held steady above $6,500.
These factors contributed to positive movement in the total cryptocurrency market cap, which entered the day just above $200 billion. Altogether, the crypto market cap added approximately $7 billion to bring its total to $207.5 billion. This places it within striking distance of the all-time high it set last week.
Bitcoin Price Holds Above $6,500
The bitcoin price posted a 24-hour increase of one-third of one percent, returning its most stable day-over-day performance since the weekend, when…