As September 2025 begins, traders are watching Bitcoin Cash closely to see whether the next move will be a breakout above resistance or a retracement.
Impact of the Velma Hard Fork
In May 2025, Bitcoin Cash underwent its Velma hard fork, introducing VM Limits and BigInt CHIPs. These upgrades expanded BCH's programmability, enhancing its DeFi and smart contract potential.
Utility in the Payments Sector
Bitcoin Cash remains positioned as a low-cost payments network, with fees averaging just $0.01 and block capacity at 32MB. About 2,550 merchants globally now accept BCH.
Technical Setup and Market Sentiment
Currently, BCH trades around $587, just below the critical resistance at $700 tested in August. A sustained break above this level would signal bullish trends.
Bitcoin Cash enters September 2025 at a critical juncture. The Velma hard fork has expanded its potential, yet real-world adoption and competition from faster chains remain key challenges.
