COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Cash Soars to Two-Month High Amid Surging Institutional Demand
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin Cash (BCH) > Bitcoin Cash Soars to Two-Month High Amid Surging Institutional Demand
Bitcoin Cash (BCH)

Bitcoin Cash Soars to Two-Month High Amid Surging Institutional Demand

In Brief

  • Bitcoin Cash surged to a two-month high, nearing the $500 mark.

  • Global trade tensions and Fed policies impact crypto demand.

  • Analysts set new Bitcoin Cash targets at $505 and $520.

Fatih Uçar
Fatih Uçar 3 weeks ago
Share
SHARE

Bitcoin $0.00207 Cash (BCH) has experienced a robust upward momentum in the last 24 hours, reaching its highest level in two months. Early this morning, BCH saw a spike to $492.08, driven by intense market interest and increasing institutional demand. The cryptocurrency approached the significant psychological barrier of $500 for the first time this year.

Contents
Global Economic Developments and Their Impact on CryptoPrice Movements and Technical IndicatorsMarket Expectations and Expert Opinions

Global Economic Developments and Their Impact on Crypto

The resurgence in the BCH market coincided with rising global trade tensions. New technology-focused tariff measures between the United States and China exert pressure on the global supply chain. With investors showing varied appetites for risk across different asset classes, Bitcoin Cash has emerged as a preferred option among institutional investors.

The U.S. Federal Reserve’s decision to maintain interest rates between 4.25% and 4.50% and signals of monetary tightening have generated diverse impacts on crypto demand. Capital flows are particularly steering toward mid-sized crypto assets, elevating interest in Bitcoin Cash.

Price Movements and Technical Indicators

In the past 24 hours, Bitcoin Cash rose from $461.87 to $492.08. Notably, a volume surge between 13:00-14:00 led to a fivefold increase, a development attributed to institutional investor activity.

Multiple tests of the $500 mark indicate a significant resistance point for investors. Despite a brief dip in the early morning, prices quickly recovered, rising above $485 again, signaling market stability.

Technically, Bitcoin Cash gained 6.5% within 24 hours. Experts view the breach of the long-term resistance line at $472 and staying above the 100-hour moving average as positive. Tests of multiple resistances have established support at $490.46, with a short-term consolidation zone forming between $485 and $492.

Market Expectations and Expert Opinions

If the strong upward momentum continues, BCH could establish $500 as a stable support level, potentially impacting price structure significantly before the third quarter.

Analysts indicate that Bitcoin Cash’s scalability, quick transaction times, and technical support above $400 are drawing investors back.

The ongoing upward trend in the Relative Strength Index (RSI) and positive signals from the MACD indicator have analysts setting target points at $505 and $520.

The current performance of Bitcoin Cash reflects its sensitivity to both global economic fluctuations and overall shifts in the crypto market. Recent volume increases and improvements in technical indicators suggest that investors might continue testing new price levels with cautious momentum. In the short term, a close above $500 could serve as a decisive factor for future movements both psychologically and technically. Investors should closely monitor support-resistance zones and volume-driven movements.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin Cash Shows Significant Price Movements

Bitcoin Cash Faces Resistance at $471

Bitcoin Cash Gains Significant Attention with Recent Performance

Bitcoin Cash Faces Significant Drop Due to Mt. Gox Repayments

Bitcoin Cash Experiences Significant Hashrate Increase Despite Price Drop

Fatih Uçar 20 June, 2025 - 4:26 pm 20 June, 2025 - 4:25 pm
Share This Article
Facebook Twitter
Share
Previous Article Witness the Heated Clash Between Cardano and Solana!
Next Article Experts Anticipate Crypto Market Breakthroughs with Solana, Ethereum, and Bitcoin
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

U.S. Senate Grapples with Digital Currency Regulations to Shape Tomorrow’s Markets
Cryptocurrency Law
The SEC Hearing Propels Ripple to New Heights
Ripple (XRP)
Ethereum Defies Expectations with Robust Performance
Ethereum (ETH)
Eigen Labs Shifts Focus to Boost Global Dominance with EigenCloud
Altcoin News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?