Has Bitcoin Cash (BCH) Bottomed After Bouncing at $250?
The Bitcoin Cash (BCH) price has fallen since reaching a new yearly high on June 30. However, it shows signs that the correction is complete.
Keep up with what's happening in the crypto world in real-time.
The Bitcoin Cash (BCH) price has fallen since reaching a new yearly high on June 30. However, it shows signs that the correction is complete.
Bitcoin Cash eased below $250 with bears looking to seize control from bulls. With short positions at a greater advantage at the time of writing, the question remains: are bulls out of fuel?
The cryptocurrency market has been witnessing a significant bullish trend, particularly in the altcoin sector, following Ripple's partial victory against the U.S. Securities and Exchange Commission (SEC).
Bitcoin Cash (BCH) price continues to hit new lows in July since dropping from its recent 2023 high of $320 on June 30. Amid mounting losses, BCH investors are now looking to make one final push to avoid a prolonged bearish reversal.
Bitcoin and other major cryptocurrencies have entered a period of relative calm as they trade without significant price movements for the third consecutive day. Last week's increased volatility, fueled by Ripple's legal victory, has subsided, leading to a more stable market environment.
As BCH sellers threaten to devalue the altcoin further, here are the likely key interest areas for bulls.
The cryptocurrency enthusiasts and the investors are closely following the insights of a prominent crypto analyst known as Kaleo, who has been sharing optimistic views on the future prospects of Binance Coin (BNB) and Bitcoin Cash (BCH). Kaleo's analysis suggests that both of these altcoins have the potential to experience significant price surges, capturing the attention of traders and investors in the process.
A popular cryptocurrency analyst has voiced his optimism for two popular altcoins, Binance Coin ($BNB) and Bitcoin Cash ($BCH), suggesting both could see their prices surge further in the near future.
Kim Dotcom said on Twitter he would "love to see FileShop become a #BitcoinCash killer app."
Bitcoin Cash (BCH) experienced a substantial price rally in June 2023, driven by institutional investors seeking alternatives to prominent Proof of Stake (PoS) protocols amidst the SEC's classification of several mega-cap altcoins as ‘securities'. However, Ripple's (XRP) recent legal victory against the SEC has introduced uncertainty, potentially jeopardizing BCH's price rally.
A popular crypto analyst is issuing a Litecoin (LTC) warning as he updates his outlook on Ethereum (ETH)-rival Solana (SOL) and another red-hot altcoin. Pseudonymous analyst DonAlt tells his 50,400 YouTube subscribers that altcoins are likely going to underperform in the near term.
Bitcoin Cash is on a tear, but there's more for investors to know.
With 150% gains in June, Bitcoin (BCH) emerged as one of the biggest winners after the SEC listed several mega-cap altcoins as ‘securities'. However, Ripple's (XRP) recent victory against the SEC now threatens to put the Bitcoin Cash price rally at risk.
Bitcoin cash is eyeing a fresh increase above the $300 resistance against the US Dollar. The price is now trading near the $275 zone and the 55 simple moving average (4 hours).
A widely followed crypto strategist is bullish on two popular altcoins amid relatively calm price action for the markets. Starting with Binance Coin (BNB), the pseudonymous analyst Kaleo tells his 593,300 Twitters followers that the native token of the Binance Smart Chain is a bargain at a price of below $250.
BCH eases below $300 psychological level but bulls are still firmly in control unless
Binance US, the American subsidiary of Binance, the world's largest cryptocurrency exchange, has taken swift action to address concerns surrounding its bitcoin cash (BCH) reserves. The company aims to reassure its customers that their funds are safe and secure.
Binance's U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows.
Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a third straight day.
The rates of most of coins keep rising; however, there are some exceptions to the rule.
Binance.US assures customers of asset security amidst recent concerns over $BCH. Temporary interruption in withdrawals resolved, emphasizing adherence to U.S. regulations.
The Indian Goods and Services Tax (GST) Council has implemented a 28% tax on the online gaming industry. The high tax is seen as unfair, just as high crypto taxation has been when it was introduced.
The world's largest exchange Binance has been battling to put out the fires of fear, uncertainty, and doubt over the past few weeks. The latest debunking regards the Bitcoin Cash (BCH) reserves on the American subsidiary of the exchange, Binance.US.
Binance.US addresses concerns and clarifies the situation regarding recent Bitcoin Cash (BCH) withdrawals.