Bitcoin Cash, a spin-off from the oldest digital asset, has struggled to find a market since launching in 2017. But it’s been on a roll this month: since the start of June, Bitcoin Cash (BCH) is up 98%, jumping from $113 to $224.
The slightly obscure digital asset—one of many cryptocurrency “forks”—is following Bitcoin, like many other coins and tokens which have surged in price since the biggest digital asset experienced a run. But BCH is doing by far the best.
What’s the reason? The coin is one of the lucky four chosen for EDX Markets, a new crypto exchange backed by major Wall Street players Charles Schwab, Citadel Securities, and Fidelity Digital Assets.
EDX, which launched last week, decided to let its traders—institutional investors only—start off with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
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Author: Mathew Di Salvo
Tip BTC Newswire with Cryptocurrency