Bitcoin Cash (BCH) soars in value thanks to surge in crypto trading volume in South Korea
The BCH/KRW exchange pair listed on Upbit, one of South Korea's largest digital asset exchanges, saw a trading volume of $557.63 million in the last 24 hours.
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The BCH/KRW exchange pair listed on Upbit, one of South Korea's largest digital asset exchanges, saw a trading volume of $557.63 million in the last 24 hours.
Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022.
Bitcoin Cash (BCH) rallied to a 14-month high of over $320 after rising by 35% in the last 24 hours, according to CryptoSlate data.
After its listing on EDX, the digital asset exchange backed by Wall Street giants, the trading activity around the token has surged significantly.
The recent rally in Bitcoin Cash (BCH) has picked up significant speed, largely fuelled by the introduction of cryptocurrency on the trading platform EDX Markets. This newfound investor interest, most notably from South Korea, has sent BCH prices soaring to 14-month highs.
BCH was the unsung star of the market in the past week. Interestingly, the dominance has not stopped and here's what is responsible.
BCH skyrocketed to over $320 earlier today for the first time since April 2022.
Bitcoin Cash (BCH) made headlines this past week, enjoying a staggering 70% rally. But this is not a random surge; there is a fundamental reason behind it.
Bitcoin Cash (BCH), a spin-off from the largest digital asset Bitcoin (BTC) and Bitcoin Satoshi Vision (Bitcoin SV), a hard fork
The Bitcoin Cash (BCH) price has gone through the roof in recent days. Within the last ten days, the Bitcoin fork has risen by a staggering 168%, temporarily BCH was already up over 200% today.
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
Bitcoin Cash prices are on a tear at the moment and South Korea could be driving the momentum. Furthermore, the Bitcoin offshoot has more than doubled in price over the past week.
Bitcoin Cash (BCH) is on the precipice of re-entering the top ten digital assets by market capitalization of the bullish sentiment sustained on Friday and over the weekend.
The magnanimous rally in Bitcoin Cash continues with the BCH price shooting another 30% in the last 24 hours and moving closer to $300. As of press time, BCH is trading 31.38% up at a price of $298.
Bitcoin cash started a strong increase above the $225 and $250 levels against the US Dollar. The price is now trading above the $280 zone and the 55 simple moving average (4 hours).
The cryptocurrency market seems not to have decided which way to move as the rates of some coins are rising while others have come back to the red zone.
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum's virtual machine for the first time. Bitcoin cash extended its own gains on Thursday.
Bitcoin Cash (BCH) has taken the crypto world by storm, leaving investors wondering if this bullish rally will continue. Despite entering the overbought territory, BCH remains in high demand, with whales actively buying.
Regulators appear to have said enough about these four digital assets to assuage Wall Street.
Bitcoin Cash (BCH) price hit a 13-month peak of $235 on Wednesday morning, sending its monthly gains well above 100%. On-chain data suggests that the BCH price rally may not be over yet.
The annualized funding rate of BCH perpetual contracts has taken a sharp downturn across all major exchanges.
Bitcoin Cash (BCH) recently experienced a remarkable surge, registering more than 100% increase. As one of the leading digital currencies, Bitcoin Cash has often been compared to its predecessor, Bitcoin (BTC), but it has also carved its own path in the ever-evolving crypto landscape.
A look at BCH's short vs. long liquidations revealed that short liquidations have been more dominant in the last few days.
Altcoins like PEPE and KAS are witnessing significant growth. Bitcoin maintains its dominance despite the altcoins' surge.