The Reason Bitcoin Cash (BCH) Surged Over 100% in 7 Days

The Reason Bitcoin Cash (BCH) Surged Over 100% in 7 Days

Bitcoin Cash (BCH) – the most popular hardfork of Bitcoin (BTC)’s blockchain – is up over 117% this week, outperforming Bitcoin’s still sizable 15% rise. As of this writing, its the only coin to see anything close to 2X gains within that time frame.
What’s attracting traders and investors to the large-blocker network? Let’s dive in.
Bitcoin Cash’s EDX Listing
Bitcoin Cash’s seismic gains began on June 21, precisely when the Wall Street-backed crypto exchange EDX Markets (EDXM) went live.
Announced in September 2022, the exchange – backed by Citadel Securities, Fidelity Digital Assets, and Charles Schwab – promised: “a platform that can meet the needs of both retail traders and institutional investors with high compliance and security standards.”
Upon launch, the high-profile exchange kept its listing count to a conservative four digital assets. One of them, however, was BCH – which rose to $231 on Tuesday, from just $111 on June 21.
BCH / USD. Source: TradingV

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