Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume
The post Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume appeared on BitcoinEthereumNews.com. Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554. The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure. With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024. The Bitcoin Cash (BCH) price currently stands at approximately $551. While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours. According to CoinMarketCap, this comes as Bitcoin’s latest correction has many altcoins also showing weakness. Bitcoin Cash defies BTC dump with 7% gain BTC dropped to below $115k after Galaxy Digital, a prominent crypto investment firm, offloaded 30,000 BTC in under 24 hours. Liquidations spiked amid the Bitcoin dump, but Bitcoin Cash looked to buck the trend. Its intraday gains of over 8% see it rank among the top performers in the 100 largest cryptocurrencies by market cap. Bitcoin Cash price chart by CoinMarketCap Notably, gains keep BCH in an uptrend over the longer time frames. The altcoin’s price is on an upward trajectory since touching lows of $268 in April 2025. Also, the price gain amid a 44% increase in trading volume to over $870 million suggests potential buying pressure. Crypto analyst CW points to increased whale interest, particularly in China. There is a strong buying trend for $BCH on Binance and OKX, where Chinese whales are active. pic.twitter.com/49b4oiZHSd — CW (@CW8900) July 25, 2025 Is BCH poised for a rally to $1,000? BCH price last traded at $1,000 in May 2021, at the time when bears pushed it lower from above $1,427. In the past year, an attempt by buyers to reclaim the level fizzled out at…
The post Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume appeared on BitcoinEthereumNews.com.
Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554. The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure. With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024. The Bitcoin Cash (BCH) price currently stands at approximately $551. While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours. According to CoinMarketCap, this comes as Bitcoin’s latest correction has many altcoins also showing weakness. Bitcoin Cash defies BTC dump with 7% gain BTC dropped to below $115k after Galaxy Digital, a prominent crypto investment firm, offloaded 30,000 BTC in under 24 hours. Liquidations spiked amid the Bitcoin dump, but Bitcoin Cash looked to buck the trend. Its intraday gains of over 8% see it rank among the top performers in the 100 largest cryptocurrencies by market cap. Bitcoin Cash price chart by CoinMarketCap Notably, gains keep BCH in an uptrend over the longer time frames. The altcoin’s price is on an upward trajectory since touching lows of $268 in April 2025. Also, the price gain amid a 44% increase in trading volume to over $870 million suggests potential buying pressure. Crypto analyst CW points to increased whale interest, particularly in China. There is a strong buying trend for $BCH on Binance and OKX, where Chinese whales are active. pic.twitter.com/49b4oiZHSd — CW (@CW8900) July 25, 2025 Is BCH poised for a rally to $1,000? BCH price last traded at $1,000 in May 2021, at the time when bears pushed it lower from above $1,427. In the past year, an attempt by buyers to reclaim the level fizzled out at…
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