First Mover Americas: Bitcoin Cash Rises More Than 10%

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Bitcoin rallied to a new 13-month high above $31,500 early Thursday morning before sizably pulling back. Bitcoin Cash, meanwhile, is seeing a double-digit percentage advance. $BCH LedesmaLyllah and godbole17 report in First Mover Americas

on EDX Markets which is backed by Fidelity, Charles Schwab and Citadel Securities. Gains could continue in July as data from TradingView shows this month is historically a good one for cryptos. One year ago in July, BCH rose 34%, while BTC advanced 17%.crypto, specifically bitcoin, could revolutionize the financial system in an interview with Fox Business on Wednesday.

In an interview with CoinDesk Japan, Allaire said that if stablecoins become more widely used for cross-border trade, foreign currency transactions and global commerce, Japan will become an extremely large market. Japan's stablecoin bill makes it one of the first countries to establish a framework for the use of overseas stablecoins, which Allaire considers “the most important thing the government and the Financial Services Agency have done.

Source: Digital Coin News (digitalcoinnews.net)

 

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