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Bitcoin Cash ( $BCH ) Surges 98% in June Thanks to Listing on EDX Markets

June 28 (Cointime) - Bitcoin Cash, a cryptocurrency fork, has seen a significant increase in value this month, rising 98% from $113 to $224.

This surge is attributed to its inclusion on the new crypto exchange, EDX Markets, which is backed by major Wall Street players and only allows institutional investors to trade Bitcoin, Ethereum, Litecoin, and Bitcoin Cash due to their perceived status as commodities by regulatory bodies.

This regulatory clarity has made these assets relatively safe from legal challenges, unlike other cryptocurrencies that have faced SEC crackdowns for allegedly offering unregistered securities.

While these four assets currently offer a taste of the crypto world to traditional investors, EDX may broaden its offerings as regulations and understanding of different cryptocurrencies evolve.

Bitcoin Bitcoin $94,311.58
-3.6%
Bitcoin Cash Cryptocurrency
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