Bitcoin Cash BCH Price Rises 17% Open Interest Hits $500 Million Before Halving
Bitcoin Cash BCH tracked futures open interest doubled to $500 million on Thursday from $213 million last week. Bitcoin Cash halving will decrease block rewards from 6.25 BCH to 3.125 BCH.
BCH investor need to be careful as Fear and Greed Index points toward extreme greed. Bitcoin Cash open interest doubles in weeks time.
Bitcoin Cash (BCH) hardforked version of Bitcoin blockchain has been on investor list getting 17% in last 24 hours.Â
The Bitcoin Cash price is up 15.53% trading at $562 with a market cap of $11.07 billion.
The daily trading volume rised by a 152$ currently at $1.76 billion.
BCH Derivatives Demand Shoots