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Christine Masters  /  Cryptovest.com  | 

Bitcoin Private (BTCP) and ZClassic (ZCL) Among the Biggest Market Losers

Bitcoin Private (BTCP) and ZClassic (ZCL) Among the Biggest Market Losers As the market turns to red once again, Bitcoin Private trades lower, and ZClassic loses all relevance.

Bitcoin Private (BTCP) was off to a rough start on the Nanex exchange, as its price lost more than 33% overnight to around $53. The Bitcoin fork, which at one point was seen hitting $500, was hurt by being listed on a still brand-new, low-volume exchange. Reaching a higher price would be a struggle, and BTCP did not even manage the Bitcoin Gold (BTG) achievement of a price near $500.

At the same time, ZClassic (ZCL) turned out to be an abandoned project, more or less left to the community to revive and find a new direction, if there are any takers. Nodes run by the team will have a planned shutdown in April, and will be turned over to the community. This also means that until a new team takes up the coin with a new strategy, ZCL remains a zombie blockchain and asset, moving forward and trading blindly.

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Source:
https://cryptovest.com/news/bitcoin-private-btcp-and-zclassic-zcl-among-the-biggest-market-losers/