Bitcoin Cash Rally Threatened As Exchange Drops BCH Following XRP Listing Rumors

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin Cash	BCHUSD	Crypto	8,898,623,271	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin Cash

BCHUSD

Crypto

8,898,623,271

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	5.25	1.17%	453.46	453.35	453.45

Price Change

Price Change %

Current Price

Bid Price

Offer

5.25

1.17%

453.46

453.35

453.45

High Price	Low Price	Open Price	Prev. Close	52 Week Range
456.10	447.92	448.34	448.21	90.34 - 719.43

High Price

Low Price

Open Price

Prev. Close

52 Week Range

456.10

447.92

448.34

448.21

90.34 - 719.43

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:38:19	0.240175	453.46	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

06:38:19

0.240175

453.46

USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,215,614.04	2,684.47	BCH	BCHEUR	BCHGBP	BCHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

1,215,614.04

2,684.47

Bitcoin Cash Rally Threatened As Exchange Drops BCH Following XRP Listing Rumors

03/11/2023 12:01am

NEWSBTC

Bitcoin Cash has followed the general growth trend of Bitcoin with the price almost clearing the $250 resistance before being rejected. Even though BCH maintains this bullish momentum, it is not completely in the clear following its delisting from one crypto exchange. EDX Markets Delists Bitcoin Cash In another unexpected blow, Bitcoin Cash (BCH) has been delisted from the EDX Markets crypto exchange. Users had first suspected that the exchange was ending support for BCH and rumors spread like wildfire through social media. Eventually, the crypto exchange will confirm these rumors, with a spokesperson revealing that EDX Markets was indeed no longer offering support for BCH. Related Reading: Shiba Inu Whales Are Moving SHIB Again, Bearish Or Bullish? Contrary to the norm, EDX Markets did not give any indication of why the cryptocurrency was delisted from the exchange. Rather, users were directed to sign up for the newsletter to get updates about listings, as well as check out the website for supported coins. Interestingly, this is happening at a time when rumors have been circulating that EDX Markets might be planning to list XRP. This would make sense given that many exchanges have resisted the cryptocurrency after Ripple’s victory over the SEC. Since then, XRP’s volume has been on the high side and crypto exchanges have clamored for a chance to get a piece of the pie. BCH Price Struggles To HoldOn Following the rejection from the $250 level, the Bitcoin Cash (BCH) price has been hard-pressed to continue on its previous trajectory. The fall toward the $240 level shook out a good portion of longs before the bulls were able to take over once more. However, the BCH daily trading volume is still seeing good momentum after rising 36% in one day. If anything, this shows there is still a fair amount of interest in the altcoin with trading garnering a lot of attention from market participants. Related Reading: Dormant Bitcoin Whales Rouse From Slumber To Threaten BTC Rally The major resistance to a BCH breakout currently lies at the $250 level. If the price is able to clear this resistance, then the rally is expected to continue and could touch $270 before losing steam. But it is still a long way from its yearly high of $300. At the time of writing, BCH is trading at $243 with 3.75% losses on the weekly chart. However, it is performing much better in the last day after rising 2.23%. BCH price at $237 | Source: BTCUSDT on Tradingview.com Featured image from Analytics Insight, chart from Tradingview.com

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BCHUSD Bitcoin Cash