Is the Bitcoin Cash hard fork responsible for the drop in Bitcoin's price?
Has the recent Bitcoin Cash hard fork played a significant role in the decline of Bitcoin's market price? Many in the cryptocurrency community have speculated that the divisive fork may have caused uncertainty and led to investors selling off their holdings. However, are there other factors at play, such as macroeconomic conditions or regulatory concerns? Could the drop in Bitcoin's price simply be a temporary market correction, or is it a more permanent trend? What insights do experts in the field have on this matter, and what can we expect in the future for both Bitcoin and Bitcoin Cash?