Bitcoin Cash Price Jumps to One-Year High Fueled by Spiking Social Interest, Exchange Support
With today’s 17% gain, BCH has now more than doubled in the week since it was listed on EDX Markets, a new crypto exchange backed by financial heavyweights.
Bitcoin Cash () surged to a fresh one-year high early Monday, extending its to more than 100% in the week after being one of the four cryptocurrencies listed on institutional-backed crypto exchange EDX Markets.
The token’s price rose 17% in the past 24 hours to as much as $226.44, the highest since May 2022. The CoinDesk Bitcoin Cash Price Index (), which tracks the token’s price on multiple exchange venues, is now higher by 111% over the past week.
BCH has been benefiting from the EDX markets alongside rising trading volumes and social media interest, according to crypto research firm Santiment.
Backed by traditional finance heavy-weights Fidelity Digital Assets, Charles Schwab and Citadel Securities, EDX Markets trading last Tuesday, supporting BCH along with bitcoin (), ether () and litecoin ().
The sudden price move has attracted retail trader attention, with social discussions about the token rising to their highest in three years and trading volumes this year hitting a record, crypto research firm Santiment Saturday.
The Bitcoin Cash network was forked from the original Bitcoin blockchain in July 2017 and aimed to serve as a payment network. Despite early optimism, the blockchain’s traffic is dwarfed by Bitcoin’s transaction numbers. Some in BCH has been transferred in the last 24 hours, compared to $11 billion in BTC, blockchain data by BitInfoCharts show. BCH is still 95% down from its $4,355 all-time high price reached in December 2017, according to .
Edited by Stephen Alpher.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Growing Popularity of Security System Technologies Amidst a Changing World
- Security systems technology is becoming a critical pillar for economic/geopolitical resilience amid rising cyber threats and global tensions. - Cybersecurity markets are projected to grow at 9.1% CAGR through 2030, driven by cloud/IoT/AI adoption and escalating ransomware risks. - Geopolitical conflicts like U.S.-China trade wars and EU tariffs are accelerating demand for hybrid threat defenses and AI-powered security solutions. - Investors should prioritize firms integrating physical/digital security, d
Zcash Halving Event: The Impact on Bitcoin Privacy Coins and Price Trends After Halving
- Zcash’s 2025 halving reduces block rewards by 50%, tightening supply and enhancing privacy via zk-SNARKs. - Historical data shows ZEC surged 92% post-2024 halving, outperforming Bitcoin amid regulatory uncertainty. - Institutional investments, including $151.6M from Grayscale, highlight Zcash’s growing appeal as a privacy-focused alternative to Bitcoin.
Timeless Investment Strategies: Why Insights from 1927 Continue to Shape Today’s Investors
- McNeel's 1927 "Beating the Market" prefigured Buffett's value investing and modern behavioral finance principles. - He advocated emotional discipline and long-term faith in U.S. economic resilience, echoed by Buffett's "margin of safety" strategy. - Modern behavioral finance (2020–2025) validates these insights, showing disciplined investors outperforming during crises like 2008 and 2020. - Algorithmic trading and meme stocks highlight the enduring relevance of McNeel's principles in countering speculati
Trending news
MoreCrypto prices
More
