Why Ethereum, Bitcoin Cash, and Litecoin All Rocketed Higher This Week

This week, Ethereum (CRYPTO: ETH), Bitcoin Cash (CRYPTO: BCH), and Litecoin (CRYPTO: LTC) each saw impressive gains. These tokens appreciated between 20% and 47% at their intraday weekly highs. Indeed, in the crypto world, such moves aren't necessarily surprising. However, the common catalyst driving these three cryptocurrencies higher may be worth looking at.

The catalyst in question happens to be a key announcement from AMC Entertainment (NYSE: AMC). The theater chain announced in September that the company would soon accept these three cryptocurrencies at theaters across the country. 

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Source Fool.com