{"id":471785,"date":"2024-01-12T16:50:59","date_gmt":"2024-01-12T16:50:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=471785"},"modified":"2024-01-12T16:50:59","modified_gmt":"2024-01-12T16:50:59","slug":"bitcoin-cash-price-prediction-bch-pumps-7-but-can-this-new-bitcoin-derivative-ico-replicate-btcs-1085-pump-in-5-years","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-cash-price-prediction-bch-pumps-7-but-can-this-new-bitcoin-derivative-ico-replicate-btcs-1085-pump-in-5-years","title":{"rendered":"Bitcoin Cash Price Prediction: BCH Pumps 7%, But Can This New Bitcoin Derivative ICO Replicate BTC’s 1,085% Pump In 5 Years?"},"content":{"rendered":"

The Bitcoin Cash price has surged 7% in the last 24 hours to trade at <\/span>$282.9<\/span><\/a> as of 9:44 a.m. EST.<\/span><\/p>\n

BCH’s pump was likely helped by the conversion of the Grayscale Bitcoin Trust into a spot Bitcoin ETF on Jan. 11, the original fund being a significant holder of Bitcoin Cash.<\/span><\/p>\n

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'Grayscale Concept Coins' typically refer to cryptocurrencies invested in by Grayscale Investments. <\/p>\n

Influenced by the successful conversion of GBTC into a spot ETF, these tokens have generally increased in value. <\/p>\n

Among them, $LPT<\/a>, $ZEN<\/a>, and $BCH<\/a> have all seen a 24-hour… pic.twitter.com\/wYRbmjEoux<\/a><\/p>\n

— SoSo Value (@SoSoValueCrypto) January 12, 2024<\/a><\/p><\/blockquote>\n