Well, it’s done. Bitcoin (BTC) has officially split, with the new currency Bitcoin Cash (BCH) being available to traders who already had funds in the original cryptocurrency as well as new traders joining on the fun. As of writing this piece, the clone currency is trading at $430 and is consistently going up. This is just the first day, however, and the future of the new currency is still uncertain.

One of the biggest surprises out of this development is the fact that BTC’s value was not at all affected by the rise of BCH, Fortune notes. On Tuesday, the original currency was trading at around $2,750, with a few rise and falls throughout the day. This is in stark contrast to the doomsday predictions of some analysts as well as the fears of investors who were afraid that the split could spell the end for the cryptocurrency.

A rather interesting part about the rapid rise of BCH as a new type of currency is the pressure that it will inevitably exert on trading platforms. There’s no denying that traders want this new option and markets like Coinbase will either give in or lose out.

It’s worth pointing out that BCH depends a lot on the miners, who are now busy trying to work through complex codes in order to provide traders with the Cash they want. This makes a lot of sense since, in a lot of ways, BHC is actually a more attractive prospect for those who simply want to own Bitcoin for spending purposes.

Before the split occurred, the general consensus among traders and miners expressed doubt with regards to the new currency, Business Insider reports. As of now, the market is playing the waiting game, with the eventual consequences of the split and its effects on the cryptocurrency industry still being unclear.