Bitcoin Cash Skyrockets in South Korea, Surging 110% in a Week

Bitcoin Cash (BCH) has experienced a surge of 33.9% in its price within 24 hours following its listing on EDX Markets and increased trading interest on a South Korean exchange. The listing on EDX Markets, backed by Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corp., is seen as a positive sign for BCH's regulatory clearance. The token's price had been suppressed for the year but has risen significantly since the listing, reaching levels last seen 14 months ago. The surge in trading volume is partly driven by a short squeeze and a spike in volume on the South Korean exchange Upbit, with BCH/KRW trading volume on Upbit twice that of BCH trading volumes on Binance.