Bitcoin Cash (BCH) Suddenly Up 12%: Two Reasons
2025-07-01 15:28:57
Main Idea
Bitcoin Cash (BCH) surged 12% to a new yearly high, driven by a major upgrade and overall market momentum.
Key Points
1. Bitcoin Cash (BCH) reached a new yearly high of $528, marking two consecutive days of gains since June 28.
2. The surge is attributed to a major upgrade activation and favorable market conditions.
3. BCH has been rising steadily since April, breaking through key resistance levels at $435 and $395.
4. The Relative Strength Index (RSI) is at 66, indicating potential for further gains before reaching overbought territory.
Description
Bitcoin Cash (BCH) has hit new yearly high
$BCH
$482.58
+0.57%
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