2023-07-14 06:45:00 ET
In the last month, few other cryptocurrencies have surged as much as Bitcoin Cash (CRYPTO: BCH) . After a lackluster start to 2023, things changed in June and so far this year it's up more than 195%.
However, despite the short-term gains, Bitcoin Cash investors should exercise extreme caution and keep their hopes for a continued run in check. By taking a closer look at the reasons behind Bitcoin Cash's recent momentum and its position relative to its predecessor, Bitcoin (CRYPTO: BTC) , it becomes clear that there are better options for your portfolio.
On June 15, a new Crypto exchange called EDX made its debut, setting itself apart from popular exchanges like Coinbase Global and Binance due to its non-custodial services. Adding to the uniqueness of EDX is the backing it received from notable names on Wall Street, including Charles Schwab and Fidelity, among others.
For further details see:
Bitcoin Cash's Remarkable 195% Rise: Can the Growth Continue?