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
Crypto market sees $371M in long positions liquidated in 24 hours
ZBT surges by 583.6% within 24 hours despite significant downward trends
- ZBT surged 583.6% in 24 hours to $0.268 on Oct 23, 2025, but fell 1896.14% over 1 week, 1 month, and 1 year. - The spike appears speculative, lacking fundamental support, with analysts noting unsustainable short-term gains amid prolonged bearish trends. - Technical indicators confirm a bearish trajectory, projecting continued volatility and susceptibility to sharp corrections without tangible progress. - Backtesting suggests such surges often precede extended declines, reinforcing ZBT's status as an outl
Tokyo Firm Quantum Solutions Buys 2,000 ETH in Expansion
Quick Take Summary is AI generated, newsroom reviewed. The $8.2 million acquisition was executed via GPT Pals Studio Limited. The purchase aligns with the firm's long-term digital asset and corporate value strategy focusing on Ethereum. The funding utilized external borrowings and proceeds from recent financial instruments. The company joins a growing trend of Asian listed firms incorporating crypto into their treasury.References Quantum Solutions (2338.T), a company listed on the Tokyo Stock Exchange
Trending news
MoreCrypto prices
More
