Bitcoin Cash Skyrockets, Outperforms Apex Cryptos in Weekly Surge.

Open interest in futures tracking Bitcoin Cash (BCH) tokens has surged to May 2021 levels as the Bitcoin offshoot network experiences a revival of activity and value. BCH prices have doubled in the past week, becoming one of the top-performing tokens above a $1 billion market capitalization. Rising open interest either means that new money is flowing into the market or existing participants are increasing their allocation. The surge in trading interest is likely due to a network upgrade and an influential exchange listing.