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Bitcoin is sliding after bitcoin gold goes live

October 24, 2017

  • Bitcoin is trading down 4.5% Wednesday following a split in the cryptocurrency’s blockchain network.
  • Bitcoin gold, the new digital coin formed by the split Tuesday morning, follows the bitcoin-bitcoin cash fork in August.
  • The project website for bitcoin gold is down following a DDoS attack, according to cryptocurrency watcher CoinDesk.
  • The bitcoin community is split over whether forks are good or bad for bitcoin.

Bitcoin, the red-hot digital currency up more than 400% this year, was trading down 4.42% Wednesday morning after the blockchain network underpinning the coin split again.

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