Altcoin Prices Surge As Bitcoin Undergoes Hard Fork

Altcoin prices have advanced over the past 12 hours in response to the hard fork of the Bitcoin blockchain and creation of Bitcoin Cash. The hard fork, which is underway, has caused concern over the value of Bitcoin, which has recently been trading at over $2800. As Bitcoin Cash threatens to devalue Bitcoin, investors are moving their holdings into competing cryptos that are perceived to be, at least for the time being, more stable.Ethereum has seen the largest price surge, rising more than 10%