Bitcoin Cash (BCH) price skyrocketed on September 12, outperforming most altcoins in a striking move considering the current lull in the cryptocurrenc
Frankilin Templeton’s filing identifies Coinbase Trust Company as the custodian for the fund’s Bitcoin holdings. Similarly, Bank of New York Mellon has been identified as the custodian for the fund’s cash holdings.
The September 12 move saw BCH overcome the 100-day EMA hurdle at $198.6, although this is pending confirmation that would happen once the token records a decisive daily candlestick close above the 50-day EMA at $205.40, vindicating itself from the foothold of the downtrend line. However, the support due to the 200-day EMA is critical, as it coincides with the last lower high recorded on August 18. Therefore, a decisive daily candlestick close below $179.50 could mark the beginning of a new downtrend. Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
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