Crypto Prices Swing Wildly After SegWit2x Cancellation

The announced cancellation of Segwit2x on November 9th has initiated a period of intense price volatility across the crypto space. Within hours of the announcement Bitcoin prices began to collapse, and a number of altcoins, notably Bitcoin Cash, saw substantial increases. Prices have continued to swing, although Bitcoin remains down substantially overall, and is experiencing a surge in transaction volume.
As planned, SegWit2x was the second part of the “New York Agreement” that would