Bitcoin Cash Soars 35% to 14-Month High.
30 Jun 2023, 15:36
Bitcoin Cash Soars 35% to 14-Month High
Bitcoin Cash (BCH) achieved an impressive 35% growth overnight, which allowed it to reach its highest value in the last 14 months. The price of the cryptocurrency soared from $240 to $325.
Currently, BCH is trading at $307. The cryptocurrency showed a noticeable increase in value by 130% during the week. This surge is likely due to an increase in BCH trading volumes relative to the Korean won (KRW) on the Upbit exchange.
In addition, BCH recorded the highest total transaction volume for the year, surpassing the impressive milestone of $750 million. This highlights the growing use and popularity of Bitcoin Cash as a digital currency, reflecting its potential for further growth and market demand.
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