Bitcoin Cash (BCH) Gains Momentum, Soars 16% on High Volume
Over the past years, the altcoins market has grown at a breathtaking pace, and during this period, Bitcoin Cash (BCH) has emerged as one of the more popular ones. This week, BCH emerged as one of the biggest gainers in the crypto space and gained as much as 16% in the past 24 hours as altcoins seemed to make a comeback.It should be noted that 2019 was a pretty disappointing year for altcoins; however, things seemed to have changed for the better in 2020. Much of BCH's surge took place during a four-hour window, and it goes without saying that crypto traders are going to watch BCH closely over the coming days.
It was a good day in the crypto space on Wednesday, as a lot of money got pumped into the market, and, according to some reports, the total influx of money stood at a staggering $12 billion. Out of that, as much as $1 billion went into Bitcoin Cash. On Tuesday, the token was trading at $375.03, but after the rally, it jumped to $441.09 per token, and that reflected gains of as much as 16%. The market cap of BCH also climbed considerably, jumping to $7.8 billion in the blink of an eye, so to speak.
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In a potentially rebellious move, major Japanese financial services company, SBI Holdings, announced it is delisting Bitcoin Cash (BCH) from its digital currency exchange. Let’s check this out.
SBI Delists Bitcoin Cash (BCH)
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Bitcoin Cash price is attempting to pare previous losses, and the coin is heading to surpass the three months high that it touched during the latest bull-run. Bitcoin Cash rose at a double-digit rate on Wednesday … Read
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