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
Bitcoin's Market Share Increases While Altcoins Falter Amid $23B Expiration
- Cryptocurrency markets face extreme volatility as Fed rate cuts, $23B options expiry, and leveraged liquidations converge, triggering $1.7B in trader losses. - Bitcoin and Ethereum plummeted 3-9% amid leveraged long positions, with Bitcoin's dominance rising as altcoins like Solana and Dogecoin fell over 5%. - Analysts warn of further selloff risks below $110k/BTC and $4k/ETH, citing fragile leverage and thin liquidity in altcoins like Ethereum. - Derivatives markets show heavy downside protection demand
Self-managed Assets and Reward Mechanisms Propel Perp DEXs to a 24-Hour High of $67 Billion
- Perp DEXs hit $67.1B 24-hour volume on 9/25/2025, led by Aster’s $35.8B vs. Hyperliquid’s $10.1B. - Aster (BNB Chain) saw 244% TVL surge to $2.15B and 12,065% ASTR token growth amid whale accumulation. - Hyperliquid retained 38% 30-day volume share but lost ground to Aster (16.8%) as competition intensified. - Sector growth driven by improved UX, token incentives, and CEX distrust, but sustainability risks linger amid speculative spikes.
The 2025 Transformation of Blockchain DEXs: Advanced CEX-Level Features Propel Decentralized Expansion
- Polkadot and Kusama networks migrate to Asset Hub in 2025, supported by Coinbase, Binance, and CEX, enhancing decentralized infrastructure. - Upgrades include EVM compatibility, elastic scaling, and unified address formats, boosting scalability and user accessibility. - DOT/KSM tokens gain expanded utility as universal fee tokens, strengthening economic value and DeFi/NFT adoption potential. - Exchange collaborations during migration highlight DEX-CEX convergence, though governance risks and rapid adopti
Senate Crypto Tax Hearing: Balancing Regulation and Innovation at a Pivotal Moment
- U.S. Senate Finance Committee will hold a key hearing on October 1, 2025, to address digital asset taxation under Senator Mike Crapo’s leadership. - Testifiers including Coinbase’s Lawrence Zlatkin and Coin Center’s Jason Somensatto will advocate for exemptions on small crypto transactions and clearer property classification. - Legislative proposals like Senator Lummis’ $300 de minimis exemption bill could resurface, balancing investor relief against IRS enforcement challenges. - Market turbulence, inclu
Trending news
MoreCrypto prices
More
