Ahead of its scheduled fork on November 15, the price of Bitcoin Cash (BCH) has increased by yet another 15 percent to $535.
Yesterday, on November 3, Cryptoinvest reported that the price of BCH surged by 12 percent from $425 to $477 ahead of its hard fork. The support of the original Bitcoin Cash roadmap set forth by ABC by Coinbase, the biggest crypto-to-fiat brokerage, led the confidence towards the asset to increase in a short period of time.
“Twice a year, the Bitcoin Cash (BCH) network hard forks as part of scheduled protocol upgrades. The next BCH hard fork is scheduled for Nov 15, 2018, and Coinbase is prepared to support the published roadmap from bitcoincash.org,” the Coinbase team wrote.
From $477, BCH has continued to skyrocket to $535, as its volume nearly quintupled within a three-day span. Since November 1, the volume of BCH has grown from less than $200 million to $980 million.