Bitcoin Cash Pumps 32% in 24 Hours? What’s Going On?
Bitcoin Cash (BCH) has been experiencing an increase in price following the debut of Fidelity, Charles Schwab, and Citadel-backed EDX Markets on June 20. It has skyrocketed by over 30% in the last 24 hours, reaching a 14-month high of $320. Moreover, since June 20, when the exchanges launched, BCH has gained a cumulative 183%. JUST IN: Bitcoin Cash spikes 35% as South Korean Trading Volumes Surge. $BCH / $KRW pair on Upbit has seen a trading volume of $557.63 million 24 hours #crypto #bitcoin pic.twitter.com/t2UdNkcHJn — Crypto Macro (@cryptomacro14) June 30, 2023 BCH Soars on EDX Exchange This growth among new holders signifies a shift in market sentiment towards BCH, attributed to its inclusion on the EDX exchange. The listing validates BCH, indicating its acceptance by established financial institutions and its readiness for a wider audience of investors. Upbit, South Korea’s leading digital asset exchange, has witnessed a significant surge in trading acti...