Bitcoin Cash Skyrockets as South Korean Trading Volumes Soar
TL;DR Summary
Bitcoin Cash (BCH) has surged over 30% in the past 24 hours, reaching a 14-month high of $320, following the debut of Fidelity, Charles Schwab, and Citadel-backed EDX Markets. The surge is supported by increased trading activity on South Korea's Upbit exchange, with the BCH/KRW pair registering a trading volume of $557.63 million in the past 24 hours. The enthusiasm for BCH being offered by an exchange backed by prominent institutions has spread to the far east. The rally in BCH can be attributed to a combination of hope and greed, typical ingredients that fuel market movements in the cryptocurrency space.
- Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge CoinDesk
- Bitcoin Edges Higher; Compound Emerges As Top Gainer Benzinga
- Bitcoin Cash on a Tear as South Korean Trading Volumes Surge BeInCrypto
- Bitcoin Cash Surges 110% in a Week - Unchained Crypto Unchained
- Bitcoin Cash Explodes 33% to 14-Month High, Solana and Litecoin Soar 15% (Market Watch) CryptoPotato
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
71%
350 → 101 words
Want the full story? Read the original article
Read on CoinDesk