Bitcoin Cash (BCH) has surged to good over $2,000 today, patently inward reply to the tidings that Bitcoin payment service BitpPay will get accepting payments inward the coin.
According to a post from Fri on BitPay’s companionship blog, the bespeak for to a greater extent than currency options for merchants has top away increasingly clear. Over time, the service plans to add together payments options inward “other Blockchains which Bitcoin has inspired,” starting amongst BCH. Detailing the Bitcoin Cash addition, the BitPay squad stated,
We volition get adding back upwards for a Bitcoin Cash payment choice this year, starting with BitPay Card loads. All BitPay invoices volition include a Bitcoin Cash payment choice past times default inward early on 2018.
The tidings appears to own got caused a rigid increase inward trading book today equally investors moved to purchase upwards BCH, on the expectation that the BitPay integration volition increase marketplace usefulness too adoption.
BCH had seen a calendar week of relative stability, hovering betwixt $1,700 too $1,900. Likely investors were irksome to react to the BitPay tidings over the weekend, which explains why the toll surge happened solely today. At press fourth dimension the toll of BCH had reached $2,250.
