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The rally, which started about 10 days ago in Bitcoin Cash, continued at an accelerated pace.
Seeing $325, it rose to a level not seen since April 23, 2022.
Bitcoin Cash, created by forking from Bitcoin in the middle of the SegWit controversy in 2017, has gained 210 percent in the last 10 days. Although it was thought that the SEC did not include crypto money in the investment contract class in any way and BlackRock's Bitcoin ETF application was thought to be effective in the rise of Bitcoin Cash, the South Korean factor has come to the fore in recent days. Increasing interest from South Korean investors has taken BCH to new heights in the past year.
On the other hand, eCash (formerly Bitcoin Cash ABC), which was forked from Bitcoin Cash, also kept pace with the rise. The price increase of eCash, which is traded with the XEC code, in the last 10 days was 85 percent. Most of this increase took place yesterday. eCash has risen 57 percent since yesterday, reaching $0.00003648. As in Bitcoin Cash, South Korean investors were dominant in eCash.
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