Bitcoin cash with a serious drop on Thursday

On August 1st, we witnessed the birth of a new crypto-currency - "bitcoin cash".
The new currency has not been able to impress the market participants, lowering on its second trading day, initiating growth for the bitcoin and the ethereum.
The cost of the bitcoin has stabilized since its recent decline, adding 3.5% to its value to trade at levels of about $2,767 on Thursday. At its current levels, crypto-currency has risen by over 150% since the beginning of the year.
At the same time, the bitcoin already trades with over 40% of its bottom below $2,000, reached on July 16th.
The cost of the new crypto-currency, bitcoin cash, fell by 30% yesterday to $439. However, it rose almost twice in the first 24 hours of trading. It still remains 15% above its value since the beginning of the week.