Bitcoin Cash hits 4-month high ── EDX Markets listing boosts | CoinDesk JAPAN
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Bitcoin Cash (BCH) was launched on the 20th at EDX Markets, a crypto asset (virtual currency) exchange backed by Fidelity, Schwab and Citadel, alongside Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC). The listing of Bitcoin Cash surged 36.5% in three days. According to CoinDesk data, it surged more than 10% in a 24-hour period to reach a high of $143, the highest since February. Open interest also rose 77% to reach a nine-month high of $135 million, according to data from Coinalyze. The increase in open interest points to a positive shift in sentiment, along with expectations that Bitcoin Cash
Bitcoin Cash has followed the general growth trend of Bitcoin with the price almost clearing the $250 resistance before being rejected. Even though BCH maintains this bullish momentum, it is not completely in the clear following its delisting from one crypto exchange. EDX Markets Delists Bitcoin Cash In another unexpected…
Bitcoin Cash (BCH) has experienced a remarkable upswing, with its value soaring by 55% in the past week. This surge can be attributed to two key factors: BlackRock’s recent application for a Bitcoin spot ETF with the United States Securities and Exchange Commission and the launch of EDX Markets. BlackRock’s…