Wall Street-Backed Exchange Boosts Old-School Bitcoin Fork: 82% Surge in a Week!

By Lola Coin Jun 24, 202376Views

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Bitcoin Cash (BCH), a hard fork altcoin of Bitcoin, has experienced a significant surge in price after being listed on a new cryptocurrency exchange. In the past 24 hours, BCH has increased by 41%, and over the past week, it has risen by 62%. The digital asset marketplace, EDX Markets, which received funding from financial giants such as Charles Schwab and Fidelity Digital Assets, supports BCH along with three other cryptocurrencies: Bitcoin, Ethereum, and Litecoin. Unlike Coinbase and Binance, which faced unregistered securities charges from the US Securities and Exchange Commission (SEC), none of the assets supported by EDX were mentioned in the charges. Despite the recent price increase, BCH is still down by over 94% from its all-time high in December 2017. Additionally, Bitcoin, Ethereum, and Litecoin have also seen price increases in the past week.

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