Bitcoin Cash (BCH) has surged over 10% this week, outperforming major cryptocurrencies and closing its market cap gap with Cardano (ADA). This rally comes as MFI International Limited, a Hong Kong-based fintech firm, announced a $50 million investment in BCH, marking a significant move in its digital asset strategy.
BCH's price reached $544, boosting its market cap to $108 billion, narrowing the gap with ADA's $147 billion valuation. This makes BCH the only major cryptocurrency with a positive weekly return, as others like Bitcoin and Ethereum saw declines.
Bitcoin Cash Rallies 10% as MFI International Invests $50M
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