Bitcoin Cash gets a boost after being added to a London exchange

Bitcoin Cash, the 4th largest cryptocurrency saw a massive boost of 13%, far outpacing its rival cryptocurrencies after London Block Exchange announced that they would be supporting two new currencies: Bitcoin Cash and Ethereum Classic.

Image Source: Coinmarketcap

Although Ethereum Classic just increased by 1.5%, Bitcoin Cash continuing its bull run reached a massive increase in the price of 13%

The upcoming hard fork of Bitcoin Cash happening on May 15th has pushed Bitcoin Cash into a bull run. The new fork of Bitcoin will remove the Segwit protocol and increase the block size of Bitcoin Cash to 32 MB, 4 fold increase from a current size of 8 MB and 32 times bigger than Bitcoin’s 1 MB.

Bitcoin’s Cash competitor currency Bitcoin and Ethereum increased by 2% and 4% respectively while XRP increased by 2.3%.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.