
BTC-USD has broken to a fresh all-time high on August 5, as Asian markets dominated the bullish charge, despite the hard fork of Bitcoin Cash on August 1. The hard fork did not just test Bitcoin itself but also the ecosystem, with many exchanges providers changing their stance on Bitcoin Cash. The price reached a high of $3230.00 on the Bitstamp exchange on August 5, breaking the previous all-time high at $2980.00 in June driven by various factors such as deteriorating confidence in the US dollar and anticipation of a smoother road map going forward for Bitcoin.
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