Bitcoin Cash (BCH) has experienced significant market activity recently, with its price surging past $580 and reaching a 7-month high of $519, driven by a notable whale buying spree. Analysts predict a potential breakout towards the $620–$680 range, although momentum may be cooling as big player activity drops by 90%. Despite a recent 2.8% drop leading the CoinDesk 20 Index lower, BCH has shown impressive gains of 17.3% over the past 30 days.
In parallel, the Mt. Gox rehabilitation plan has commenced repayments in Bitcoin and Bitcoin Cash, marking a significant step in resolving the long-standing bankruptcy case. Meanwhile, Tether has announced the end of USDT redemptions on the Bitcoin Cash blockchain, which could impact liquidity and trading dynamics. These developments highlight the evolving landscape for Bitcoin Cash, with implications for both market performance and broader cryptocurrency adoption.
Bitcoin Cash (BCH) Market Update: Price Surges & Challenges
September 03, 2025
1 min read
Bitcoin Cash (BCH) has experienced significant market activity recently, with its price surging past $580 and reaching a 7-month high of $519, driven by a notable whale buying spree. Analysts predict a potential breakout towards the $620–$680 range, although momentum may be cooling as big player activity drops by 90%. Despite a recent 2.8% drop leading the CoinDesk 20 Index lower, BCH has shown impressive gains of 17.3% over the past 30 days. In parallel, the Mt.