Bitcoin Cash recent rise is strictly connected to another FORK happening on their network. So again people who own BTCash try to get more free forked BTCcash. Those who don't own BTCcash try to get to get free coins.
It ll all be over Monday and we ll see mega BTC Cash dump.
Nothing new in the land of crypto.
Recent rise might have not anything to do with this, as it is no official news (yet?) but if that was true it would mean that Bitcoin Cash is here to stay long and will keep strong competition against core.
This is on the video's description:
DISCLAIMER: this is just a theory pieced together by our source from snippets of info. This material is subject to change without notice. This video is for information and illustrative purposes only and reflects my personal opinion. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation. Seek a duly licensed professional for investment advice.
I would not sound the alarms just yet. Let us wait for official news.
Yes, let's wait but if it was true it would be something big. Very big.