Bitcoin Cash is up 118% this week Bitcoin Cash (BCH) appeared in 2017 as a fork of Bitcoin with an increased transaction block size, which makes payments in BCH faster and cheaper compared to Bitcoin.
Reasons behind the growth Interest in BCH futures indicates a higher inflow of investments.
BCH made the network more secure and private and planned to create a system that helps developers build decentralized applications on its blockchain.
BCH benefited from the EDX Markets crypto exchange launch.
What’s next for Bitcoin Cash The crypto market’s overall growth may contribute to BCH price. When major cryptocurrencies rise, altcoins usually follow.
The US division of Binance has opted against an asset freeze, which will positively affect the crypto industry.
The support of major financial institutions may attract even more investors to BCH, pushing the price up.
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