0-0.1 BCH

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Bitcoin Cash

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank.

Bitcoin Cash was created in August 2017 as a hard fork of Bitcoin. A hard fork is a software modification that splits a single cryptocurrency into two.

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. 

Unlike Bitcoin, Bitcoin Cash believes becoming a medium of exchange is a more effective way to become adopted as a form of money, rather than prioritizing status as a store of value.

Similar to Bitcoin, Bitcoin Cash has a hard supply cap of 21 million. 

Bitcoin Cash is more progressive and adaptive to technology upgrades than its more conservative counterpart, Bitcoin. Bitcoin Cash implements upgrades on a bi-annual basis.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 6, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Bitcoin Cash Rises More Than 10%

Bitcoin cash was once again in the red on July 5, as traders continued to secure gains following a recent 15-month high. The token fell for a third straight session, whilst the overall global crypto market cap also slipped on Wednesday. Monero was another notable token to fall in today's session.

Biggest Movers: BCH Price Plunges Following Recent 15-Month High

Bitcoin

Multiple users on Crypto Twitter have reported experiencing an unusual glitch when asking Siri, Apple's (NASDAQ:AAPL) virtual assistant, about the price of Bitcoin (CRYPTO: BTC). Instead of providing the accurate Bitcoin price, Siri allegedly responded with the price of Bitcoin Cash (CRYPTO: BCH).

Is Apple's Siri Mistaking BCH For Bitcoin Price? We Tested And Here's What We Found

Bitcoin Cash (CRYPTO: BCH) surged more than leading cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) did last month, with a staggering 156% gain over the past 30 days. What Happened: Over the past week alone, Bitcoin Cash has experienced a 55% increase in value.

This Crypto Left Bitcoin, Ethereum In The Dust With A Whopping 156% Gain In June

South Korean trading volumes for the bitcoin offshoot token boomed last week, spurring a price spike last week.

Bitcoin Cash Futures Traders Lose Most in 2 Years as Prices Spike to $320

Litecoin

Also, this week's news surfaced doubts about BlackRock's Bitcoin spot ETF application.

This Week In Coins: Bitcoin Unmoved, But PoW Classics Bitcoin Cash and Litecoin Moon

Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine compared to BTC.

Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges

Bitcoin cash added the most, almost tripling over the course of the month.

Bitcoin Cash, FTX's FTT Token and COMP Led Crypto Market Gains in June

Litecoin surged by as much as 20% in today's session, as bulls took the token to its highest level since April. The move came prior to the latest consumer sentiment report from the U.S, which rose to a reading of 64.4. Bitcoin cash climbed to its highest point since April 2022.

Biggest Movers: LTC, BCH Surge 20% Higher on Friday

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices surging past the key $31,000 level on Friday. Ethereum (CRYPTO: ETH), also traded higher, but remained below the key $1,900 mark this morning.

Bitcoin Tops $31,000; eCash, Bitcoin Cash Among Top Gainers

After its listing on EDX, the digital asset exchange backed by Wall Street giants, the trading activity around the token has surged significantly.

Bitcoin Cash (BCH) Surges 33.9% in 24 Hours on EDX Listing, S. Korean Surge

The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times

Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge

Solana

Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum's virtual machine for the first time. Bitcoin cash extended its own gains on Thursday.

Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High

Ethereum

Regulators appear to have said enough about these four digital assets to assuage Wall Street.

Why Did Citadel-Backed EDX List Bitcoin, Ethereum, Litecoin, and Bitcoin Cash?

Bitcoin cash rose to a one-year high on Tuesday, as traders continued to buy the token following last week's EDX markets listing. The newly formed exchange, which is backed by the likes of Citadel, Sequoia Capital and Fidelity, listed the coin in its offering. Litecoin was another token added to the exchange.

Biggest Movers: BCH Hits 1-Year High, as EDX Markets Rally Intensifies

Bitcoin (CRYPTO: BTC) traded higher, but the cryptocurrency prices remained below the key $31,000 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, remained almost flat, trading below the key $1,900 mark this morning.

Bitcoin Rises But Remains Below This Key Level; Bitcoin Cash, Compound Among Top Gainers

Coinflex has partially repaid debts to SmartBCH, including bitcoin cash, as the value of BCH surges by over 110%.

Coinflex partially repays debt to SmartBCH as bitcoin cash rises over 110%

Technical improvements and a listing on EDX Markets have likely fueled trading interest in bitcoin cash tokens.

Bitcoin Cash Sees Largest Bets in 2 Years as BCH Doubles in a Week

Bitcoin Cash (CRYPTO: BCH) is up 17% in the last 24 hours, outperforming top cryptocurrencies by market capitalization such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: The recent surge in Bitcoin Cash's price can be attributed to the launch of EDX Markets , a crypto exchange designed for institutional investors.

Bitcoin Offshoot Surges 17% Outdoing Apex Crypto, Ethereum After EDX Markets Listing

With today's 17% gain, the 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 Price Jumps to One-Year High Fueled by Spiking Social Interest, Exchange Support

On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10% against the U.S. dollar.

Crypto Market Rises by $30B in 48 Hours — Bitcoin Cash Leads With 88% Weekly Gain

An old-school Bitcoin (BTC) hard fork altcoin is making headlines this week after a listing on a brand new crypto exchange sent the asset's price soaring. Bitcoin Cash (BCH), which was spun off from Bitcoin in 2017, is up 41% in the past 24 hours and more than 62% in the past week.

Old-School Bitcoin Hard Fork Altcoin Pumps by 82% This Week Amid Support From New Wall Street-Backed Exchange

Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).

Bitcoin Cash Prices Spikes to Four-Month High; Open Interest Rises to 77%

Bitcoin Cash (CRYPTO: BCH) is trading higher by 22.65% to $134.84 during Wednesday trading. The altcoin is trading higher amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application.

Why Bitcoin Cash (BCH) Is Exploding 20% Higher Today

Pepe

Bitcoin has brought the rest of the market with it as it closes in on $30,000, as altcoins follow in its wake.

News for Bitcoin Cash Crypto (BCH)