Crypto Asset Called ‘Bitcoin 2’ Surges 6,565%

A Bitcoin fork is turning heads after a massive 6,565% surge and subsequent collapse in a matter of hours.

The fork is called Bitcoin 2 (BTC2) and launched in February of last year, promising to offer privacy features and near-instant transactions. In the last 24 hours, the coin came out of nowhere, surging from less than a dollar to a high of $29.27 before falling to $4.56 at time of publishing.

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