Bitcoin Jumps After First Solution to Major Ideological Divide

  • Major miners including Antpool have begun deploying SegWit2x
  • Traders warn still not certain if bitcoin can avoid a split

Why Cryptocurrencies Are Selling Off

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Bitcoin reversed steep losses as miners began using new software which aims to bridge an ideological gap that has threatened to divide the cryptocurrency.

Bitcoin’s community has been at bitter odds for more than two years about how to solve its scaling problem, which has hampered the cryptocurrency’s growth and allowed rivals like ethereum to steal some of the spotlight.