The post Bitcoin Cash Surpasses $300 as Trading Activity Soars in South Korea, What’s Next For BCH Price? appeared first on Coinpedia Fintech News
The recent rally in Bitcoin Cash (BCH) has picked up significant speed, largely fuelled by the introduction of cryptocurrency on the trading platform EDX Markets. This newfound investor interest, most notably from South Korea, has sent BCH prices soaring to 14-month highs.
Why is BCH Surging So High?
In just 24 hours, BCH has leaped 33.2% in value, peaking at $320. This stellar performance is a result of the digital currency being listed as one of only four cryptos available on EDX Markets, an exchange that benefits from the backing of Fidelity, Charles Schwab, and Citadel. From the day of its listing on June 20, BCH has seen an astounding cumulative increase of 183%.
This positive sentiment towards BCH is seen far and wide but has gained a firm footing in the East. Upbit, one of South Korea’s leading digital asset exchanges, recorded a
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