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CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
The leading global cryptocurrency exchange, Binance, has unveiled its plans to introduce new spot trading pairs for tokens like Bitcoin Cash (BCH), Litecoin (LTC), and others, sparking excitement within the crypto community. Notably, this move comes amid a period of a market downturn, prompting speculation about the potential impact on the prices of these assets.
Bitcoin Cash (BCH) recently surged above $600, marking an 84% increase in just 10 days, a level not seen in three years. This surge hints at significant developments in the cryptocurrency market, particularly with the approaching Halving event on April 4, 2024.
Bitcoin Cash (BCH) price noted a remarkable 90% rally in the span of just ten days, bringing the altcoin up from $358 to $678.
Bitcoin is down today, but the forked cryptocurrency Bitcoin Cash is on fire ahead of its own halving, seeing its best performance since 2021.
Bitcoin Cash (BCH) is stirring excitement in the cryptocurrency community after respected analyst Rekt Capital posted a potentially game-changing analysis. The analysis suggests BCH might be on the cusp of overcoming a long-standing downtrend and achieving a “monumental milestone.
Other than the most awaited Bitcoin halving days, a few other things are happening with the crypto market, which is pushing coins like Bitcoin Cash. Bitcoin Cash is a PoW-based cryptocurrency created after a hard fork of the Bitcoin chain and is heavily influenced by the Bitcoin price.
Bitcoin Cash's second halving is about to take place tomorrow, according to current estimations.
Despite a 2% drop in Bitcoin marking a bearish start to this week, the close cousin Bitcoin Cash shows a terrific trend in motion. With a dominant bull run in motion, the weekly chart of BCH price reflects a spectacular trend reversal.
This resurgence can be attributed to a confluence of factors, each contributing to BCH's newfound prominence in the crypto market. One significant catalyst is the impending halving scheduled for April 3, which will slash the current block reward by half.
ORDI has bounced above a key resistance line while Bitcoin Cash (BCH) surged this week to reach new highs above $600. Elsewhere in the market, attention remains on BRC-20 project Bitcoin Dogs (0DOG) as the latest update on what's next buoys community.
Bitcoin Cash (BCH) remarkably resurges on Easter Eve and is back to the top 15 most valuable cryptocurrencies by capitalization. BCH has added nearly $3 billion to its market cap in a week and doubled its price in a month.
Bitcoin Cash (BCH) has surged by more than 37% in the past seven days ahead of its upcoming halving event. BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 one week ago.
Bitcoin Cash climbs crypto market cap ranking thanks to a confluence of bullish factors and the narrative that BTC has been captured.
TL;DR Open interest in Bitcoin Cash perpetual futures contracts has surpassed $700 million, indicating increasing trading activity and investor interest. BCH price remains significantly below its all-time high of $4,355, reached in December 2017.
Bitcoin Cash (BCH) has recently captured the spotlight with a remarkable surge, soaring by an impressive 13% in anticipation of its upcoming halving event scheduled for April 4. This unprecedented rally has left industry experts and investors alike scrambling for answers, as Bitcoin Cash boldly diverges from the prevailing market trends, establishing itself as a force to be reckoned with amidst a backdrop of uncertainty and volatility.
Bitcoin Cash remains a long distance from its all-time high of $4,355 which it attained back in December 2017.
Bitcoin Cash (BCH) is experiencing a surge in trading activity and open interest ahead of its second halving event set for April 4, with open interest in futures perpetual contracts reaching a record high of $708 million, an increase from the previous peak in May 2021.
Bitcoin Cash hasn't seen open interest at this level since May 2021, when its price was nearly 2.5 times higher.
Bitcoin cash started a strong increase above the $500 and $520 levels against the US Dollar. The price is now trading above the $540 zone and the 55 simple moving average (4 hours).
Amidst the ebb and flow of digital currencies, the surge in BCH's price from below $500 to $553 has captured the attention of investors and enthusiasts alike. This sudden uptick comes amidst a backdrop of heightened market uncertainty, with cryptocurrencies experiencing notable swings in value.
Its halving is coming very soon, and investors are loading up.
Discover the potential of these crypto moonshots as investors seek alternatives to overvalued tech stocks.
The upcoming halving is Bitcoin Cash's second, with the first having taken place in 2020.
