This week, Ethereum (CRYPTO: ETH) , Bitcoin Cash (CRYPTO: BCH) , and Litecoin (CRYPTO: LTC) each saw impressive gains. These tokens appreciated between 20% and 47% at their intraday weekly highs. Indeed, in the crypto world , such moves aren't necessarily surprising. However, the common catalyst driving these three cryptocurrencies higher may be worth looking at.
The catalyst in question happens to be a key announcement from AMC Entertainment (NYSE: AMC) . The theater chain announced in September that the company would soon accept these three cryptocurrencies at theaters across the country.
Image source: GETTY IMAGES.
For further details see:
Why Ethereum, Bitcoin Cash, and Litecoin All Rocketed Higher This Week