Bitcoin Cash (BCH) has experienced a significant surge in price, with a remarkable increase in trading volume and open interest for BCH contracts. The price has risen by nearly 100% in the past week, reaching its highest level since May 12, 2021. This rally can be attributed to the recent launch of the EDX Markets crypto exchange on June 20, which is supported by influential institutional players like Fidelity and Citadel. Also, The BCH/KRW trading pair on South Korea’s Upbit exchange has generated a significant trading volume, potentially driving a pump in BCH.