Bitcoin Cash (BCH) has emerged as an unexpected player in the crypto market, showing a 75% increase over three months. This has captured the attention of analysts and investors.
Reasons for Bitcoin Cash's Growth
The surge in Bitcoin Cash can be attributed to several factors, including increased whale activity, with nearly $482 million transferred in a single day. From July 1, 2025, BCH reached $526.5, a peak not seen in months.
Volume and Technical Signal Analysis
According to analytics firm IntoTheBlock, a 122.45% increase in transactions over $100,000 was noted on July 4. A significant technical signal was the detection of a 'golden cross', where the 50-day moving average crossed the 200-day moving average, historically a bullish signal.
Weak Fundamentals and Warning Signals
Despite the positive trend, on-chain data shows a decline in real activity on the BCH network. The number of daily active addresses has reached a six-year low, indicating a speculative rally disconnected from actual network usage.
The situation in the Bitcoin Cash market remains uncertain. Current trends raise questions about the sustainability of the growth and the real basis for a stable upward trajectory.
