Bitcoin Cash Gains Support

Bitcoin Cash Gains Support
The post-Christmas rally was in evidence through the early part of the day today, with Bitcoin Cash up 4.08% to $2819.9.
Upside through the early part of the day comes off the back of a Bitcoin rally, with Bitcoin up 10.35% to $15,350.78. The gains come in spite of Central Banks and governments continuing to warn investors over cryptocurrencies and the risks associated.
Supporting Bitcoin and Bitcoin Cash through the early part of the day came from a bounce in the CME futures market, with January and February contracts rising by $1,175 and $1,320 respectively to pull values up to $15,310 and $15,570 at the time of writing.
With many markets still closed for the holidays, trading volumes were on the lighter side and amongst the Bitcoin bad press, there were more 2018 forecasts for Bitcoin to see even more sizeable gains through the next year.
For the day ahead, Bitcoin Cash will need to make a move to $3,000 levels to set up for another run towards $4,000, through with trading on the lighter side, we will expect Bitcoin Cash to lag behind Bitcoin through the day.