Bitcoin cash ($BCH) continues to rally at a breakneck speed in the wake of Fidelity, Charles Schwab and Citadel-backed EDX Markets' decision to debut on June 20, with BCH being one of the only four coins available for trading on the exchange. The cryptocurrency has jumped over 30% in the past 24 hours.
The latest price surge is backed by a notable increase in trading activity on South Korea's most prominent digital assets exchange Upbit, according data from Tokeninsight.
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $653 million in the past 24 hours, compared to $403 miilion on Binance and $167 million on OKX.
Related: EDX Markets, a Crypto Exchange Backed by Fidelity and Paradigm, Announces Launch and New Funding Round