Bitcoin cash, the cryptocurrency hived off from bitcoin, has rocketed.
Bitcoin cash has shot above $1,900 according to coinmarketcap, more than double its value on Friday when it had already hit a three-month high.
It has been sent higher of the back of a proposed bitcoin fork being suspended.
Read more: Debate: Is bitcoin a better investment than gold?
The Segwit2x split was called off due to a lack of agreement in the bitcoin community. A previous split of the bitcoin blockchain has already gone ahead and created bitcoin cash.
Meanwhile bitcoin plunged below $6,000 early on Sunday morning, though has regained some ground and was at $6,224 at pixel time.
Bitcoin cash's surge had briefly put the market cap of the cryptocurrency at more than $30bn early on Sunday morning and above that of ethereum, making it the second most valuable in the world behind only bitcoin.
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