КBitcoin rate restored at the beginning of the week, having grown by 11%. During the trading on Monday, the cryptocurrency price reached $6539 after its 30% dump on Wednesday, October 8th. Last weekend Bitcoin dipped from the record $7800 down to $5500.
Analysts explained Bitcoin drop last week by high demand for Bitcoin Cash. Due to that, investors were selling out bitcoin to buy new independent currency. One more reason was SegWit2x, which was expected to speed up transactions, canceling. The change of the protocol was scheduled around November, 7th, , but then was put off indefinitely.
The demand for Bitcoin Cash decreased for less than a day, and by Monday its price had lowered down to level $1100, which is less than a half of the previous one.
Due to that, Bitcoin mempool was flooded with unconfirmed transactions, most of which didn't include large amounts or commissions. In that context, social nets users expressed worries, that there was a planned attack.