The Bitcoin price rebounded Friday as traders tried to navigate shifting news in the ongoing Bitcoin civil war.
Relief last week from an apparent solution to the two-year-old scaling debate, a proposal caused SegWit2x, turned to anxiety as a disgruntled faction announced a plan to do a "hard fork."
Called Bitcoin Cash, this hard fork will create a separate and incompatible version of Bitcoin on Aug. 1. And while counterintuitive, that's why the price of Bitcoin is rising now.
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