Bitcoin Cash

Bitcoin

Polkadot

Shiba Inu

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p dir="ltr">Bitcoin Cash (BCH) is in the spotlight after recording the best price surge in months.&nbsp;<a href="https://coinmarketcap.com/currencies/bitcoin-cash/">Per</a> current data, Bitcoin Cash is changing hands for $449.69, up by more than 14% in the past 24 hours. This uptick has placed it above Bitcoin (BTC), XRP, Shiba Inu (SHIB) and even the top 100 cryptocurrencies by market cap.</p>
<h2 id="bitcoin-cash-breakthrough">Bitcoin Cash breakthrough</h2>
<p dir="ltr">That Bitcoin Cash is leading the market momentum at the moment is perhaps a very shocking trend for members of the community. Earlier this month, speculations were high as the digital currency faced the risk of massive liquidation amid&nbsp;<a href="https://u.today/mt-gox-bitcoin-holders-unexpectedly-refuse-to-sell">Mt. Gox</a> repayments to customers.</p>
<p dir="ltr">With thousands of BCH listed in the refund move, experts projected that many might sell off their Bitcoin Cash for the more valuable Bitcoin. This sentiment fueled a drawdown in the price of Bitcoin Cash in the past, as many unrelated Mt. Gox addresses sold off in order not to get caught up in the likely crash.</p>
<p dir="ltr">Over the month, the negative sentiment only played a role in triggering a massive discount in the price of the coin. With the latest price uptick, BCH has pared off its losses in the past month, and its trading volume has jumped by over 40% in the past 24 hours to $485,070,232.</p>
<h2 id="btc-altcoin-slowdown">BTC-Altcoin slowdown</h2>
<p dir="ltr">While Bitcoin Cash is on a rampage with its growth trend, it finally outshined BTC for the first time this month. Bitcoin is up 2.75% to $69,406.30% and <a href="https://u.today/xrp-skyrockets-757-in-24-hours-in-abnormal-liquidation-imbalance">XRP</a> is trading at $0.6060, down by 0.31%, while&nbsp;<a href="https://u.today/shiba-inu-shib-is-ready-for-bullish-august-shib-price-history-confirms">Shiba Inu</a> has seen a 1.59% uptick to $0.00001719.</p>
<p dir="ltr">It remains uncertain how long Bitcoin Cash will remain at this level, but for now, flipping Polkadot (DOT) in the rankings marks a viable goal in the short term.</p>

BTC, XRP and SHIB Outshined By 14% Bitcoin Cash (BCH) Surge

Indice dei contenuti

U_Today

Altri articoli pubblicati su 29 lug 2024

Bitcoin pushes toward $70K — just 6% needed for new all-time high

Justin Sun pushes China to reconsider crypto stance amid U.S. elections

Trump’s Statements Boost Crypto Market

Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom

Cat Coin Unveils Utility Token on Solana with NFT Marketplace Integration Plans

Yona Network Integrates with Babylon Chain to Bridge Bitcoin and Solana

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!