Bitcoin Cash Price Surges After Futures Catalyst

Bitcoin Cash (BCH) has surged from around $267 to above $350 in just days, thanks to plans for new futures contracts. The upcoming launch of Bitcoin Cash futures next month is pending regulatory review and has added a fresh catalyst to the token's price. This move demonstrates how quickly a cryptocurrency can react to a significant market event.

The speed of BCH's price increase stands out, with the token jumping from the high-$200s to above $350 in a short period. The futures news reached the market and triggered a sharp move, with buyers reacting swiftly to the new opportunity. This example serves as a reminder that cryptocurrencies can quickly react to changes in the market.

DigiTap (TAP), on the other hand, is still in its presale phase at $0.0589, before entering public exchange trading. Unlike BCH, DigiTap has not yet seen the effects of a major catalyst on its price. The project has issued over 10,000 cards while remaining in presale, providing product activity to examine during this stage.