Bitcoin Cash Surges Past $350 as AlphaPepe Nears 12,000 Holders
Bitcoin Cash (BCH) has broken above $350 in a single trading day after a 30% rally, forcing one of crypto's oldest names back onto every trader's screen. The token's price surge was sparked by CME Group's announcement to launch regulated Bitcoin Cash futures. This news sent BCH soaring and dragged over $1 billion in trading activity toward the token.
The explosive first jump has already paid off for some buyers, but others who waited may have missed out on cheaper prices. The breakout also ripped Bitcoin Cash out of the background and shoved it back into the centre of the market, where every fresh headline pulls in another wave of attention.
In related news, AlphaPepe is building its force before the chart exists with nearly 12,000 holders and more than 100 new wallets joining every day ahead of ALPE's first public-market run. More than $2.75 million has already surged into the presale behind this movement, giving the holder a surge of physical weight.