Bitcoin cash soars above $3,000 after Coinbase says it will offer trading of the cryptocurrency

Bitcoin cash soars above $3,000 after Coinbase says it will offer trading of the cryptocurrency

MI Bitcoin cash, an offshoot of red-hot bitcoin, was soaring after Coinbase said it would enable trading of the cryptocurrency on its platform. Bitcoin cash was trading at $3,338 a coin at 7:40 p.m. ET, according to Markets Insider data. Bitcoin cash jumped by more than $600 after Coinbase, one of the largest cryptocurrency exchanges, announced Tuesday evening it would enable trading of the bitcoin offshoot. The cryptocurrency, which was formed after a fork of the bitcoin network in August, was trading above $3,000 a coin for the first time at an all-time high of $3,338 at 7:40 p.m. […]