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Bitcoin Cash Surges 36.5% After Listing on EDX Exchange Backed by Fidelity, Schwab and Citadel

June 23 (Cointime) - Bitcoin Cash (BCH) has experienced a surge of 36.5% in the last three days after being listed on EDX, an exchange backed by Fidelity, Schwab, and Citadel. Its value has increased by over 10% in the past 24 hours, reaching $143, the highest since February.

Open interest has also risen by 77% to a nine-month high of $135 million, indicating a positive shift in sentiment and hopes for institutional adoption. Despite its record high of $2,947 during the 2017 bull market, Bitcoin Cash's adoption as a payments network has been overshadowed by Bitcoin, which has facilitated $75 billion in transactions in the past seven days compared to Bitcoin Cash's $129 million.

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