Bitcoin, Dogecoin Bled But These Gold-Backed Cryptos Preserved Investors’ Wealth Last Week

The cryptocurrency market capped last week on a sour note after Bitcoin (CRYPTO: BTC) crashed to $80,000 on Sunday evening. While the broader market crashed, investors sought refuge in gold-backed coins. 

What happened: Bitcoin Cash topped the gainers’ list, returning nearly 11% to its holders in a week where blue-chip coins like Bitcoin and Ethereum (CRYPTO: ETH) fell 10% and 15%, respectively.

Bitcoin Cash is a result of a hard fork of the original Bitcoin blockchain in 2017 and is considered an affordable alternative to …

Full story available on Benzinga.com