Bitcoin Offshoot Has More Than Doubled Over The Last Week

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Bitcoin Cash, one of the early offshoots of the original digital currency, has more than doubled in value over the past week. 

The surge began after a new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it’s gone live. EDX Markets, an institutional-only exchange announced in September 2022, will offer trading in four cryptocurrencies: Bitcoin, Ether, Litecoin and Bitcoin Cash. BlackRock also applied for a Bitcoin exchange-traded fund this month, adding to optimism that the long-sought fund would finally gain regulatory approval. 

 https://www.bloomberg.com

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