A collection of bitcoin, litecoin and ethereum tokens.
Photographer: Chris Ratcliffe/BloombergSidhartha Shukla
The opening of a new crypto exchange backed by Citadel Securities has unleashed a speculative mania in Bitcoin Cash, an offshoot of the original digital token.
Bitcoin Cash soared 25% to $304 on Friday, taking gains in June to around 170%. The coin is among just four — including bellwethers Bitcoin and Ether — selected to trade on EDX Markets, the institutional-only platform that went live this month.