EDX Market is newly established Crypto exchange by some big names of Crypto financing and trading. Initially they listed only four Crypto currency BTC ETH LTC and BCH. This Bench Mark on BCH as golden doll as it stands with top three Crypto of the industry. Investors move and introduce to Bitcoin Cash and started heavy buying which caused surge. EDX still not listed with SEC but investors believing in team behind the project and started investment as early birds.

Bitcoin Cash  has unexpected surge by  108% over the past seven days, following  the launch of EDX Markets. Some other impacts are there as well like SEC law suit and BlackRock,s application.

BlackRock‘s applied for Bitcoin spot and its constituency pumped the market and created a bullish sentiment in the crypto. Originally the launch of EDX Markets  seeming to be the Only Reason behind Bitcoin Cash recent surge.

We know the worth of top three currency like BTC, ETH and LTC and these are trend setters in market but when a coin which is standing on 27th place in rank added with three gaints then definitely it will be triggered and exactly that happened to Bitcoin Cash. 

Now it is important to look that is this pump will sustain long or it is a bubble. Mostly people believe that it is long term strategy of the core team of EDX project to push BCH further up and bring to equal leveling field. So may it's price go further higher in coming days and some are expecting to breach the ATH of BCH which is $1700. 

Let's see where it goes!!!

Cheers,

Amjad