Bitcoin Cash Continue to Rally, Jumping 35% in 24H backed by Volume Increase on Korean Exchange

Bitcoin cash ($BCH) continues to rally at a breakneck speed in the wake of Fidelity, Charles Schwab and Citadel-backed EDX Markets' decision to debut on June 20, with BCH being one of the only four coins available for trading on the exchange. The cryptocurrency has jumped over 30% in the past 24 hours.

The latest price surge is backed by a notable increase in trading activity on South Korea's most prominent digital assets exchange Upbit, according data from Tokeninsight.

The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $653 million in the past 24 hours, compared to $403 miilion on Binance and $167 million on OKX.

Related: EDX Markets, a Crypto Exchange Backed by Fidelity and Paradigm, Announces Launch and New Funding Round

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