Free Money? Traders In Asia Are Buying Bitcoin Cash Ahead of Hard Fork

With bitcoin cash (BCH) now looking certain to split into two competing cryptocurrencies, some traders in Asia are betting that the sum of the parts will be worth more than the whole.

Specifically, these investors have been buying BCH in anticipation that Thursday’s contentious network software upgrade, or hard fork, will leave them owning two coins with a combined value greater than the current price.

James Quinn, head of markets at Kenetic Capital, said even some institutions have gotten in on the act, as “the number of requests and interests in the area increased remarkably in the general market development.”

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