Bitcoin Cash Price Prediction as Grayscale's SEC Lawsuit Ruling Sends BCH Soaring - What's Going On?
The Bitcoin Cash price has risen by 15% in the past 24 hours, with its jump to $219.44 following yesterday's news that Grayscale has won a court appeal against the Securities and Exchange Commission.
Grayscale's victory now means that the SEC has to re-review Grayscale's application for a spot-based Bitcoin ETF, a development which has given a boost
not only to BTC, but to BTC-related tokens such as Bitcoin Cash (BCH), Bitcoin SV (BSV) and Stacks
(STX).
BCH is now up by 17% in the past week, with the altcoin also having risen by 128% since the beginning of the year.
And with the increasing probability of a spot BTC ETF, there arises the possibility that a BCH ETF could follow not long afterwards.
$BCH