Bitcoin Gold (BCG) has had a rough few days.
After surging above $5,500, it has been trading at around $4,500.
Now, it looks like the Bitcoin Gold price is in a free fall.
Here are the latest cryptocurrency price movements.
Bitcoin Gold has been falling in price.
As of the writing of this article, the Bitcoin price is at $4.059, down 1.9%.
Bitcoin Gold’s rally has been fueled by the Bitcoin Cash (BCH) price.
It surged to a high of $6,500 earlier this week, then fell to $3,750 as of Friday.
That said, the recent rally is not over yet, as there are still a lot of BTC holders holding the Bitcoin gold coins.
A quick recap of Bitcoin Gold and Bitcoin Cash.
The Bitcoin Gold cryptocurrency has risen in value since it was launched in late August.
It is a cryptocurrency based on the Bitcoin blockchain that is backed by the Chinese government.
The cryptocurrency has been the subject of a lot a controversy since its launch.
In the past few weeks, a series of hacks have occurred against Bitcoin wallets.
This has caused the value of Bitcoin to fall.
At the time of writing, the BTC price has fallen to $4,-.098.
As for Bitcoin Cash, the coin has also been plagued by hacks and was trading at a low of $2.89.
A recent price correction has also led to a price drop.
The latest Bitcoin Gold rally is driven by BTC holders and there is no sign of an end to it yet.
The price of Bitcoin Cash is also in free fall as of the time this article was written.
It dropped below $3.01, but is up over $2 in the past 24 hours.
Bitcoin Cash has gained more than 5% since the start of the year, and has risen more than 2% in the last month.
Here is the full Bitcoin Gold vs. Bitcoin Bitcoin Cash chart: