- On Thursday, Bitcoin Cash (BCH) price rallied by 3% in the last 24 hours, soaring its value to around $455 with a market capitalization of around $9.12 billion.
- The cryptocurrency is currently following a recovery pattern after breaking above an overhead resistance at around $455.
- Ahead of the major Layla hard fork on the network, this small spike on the chart might help the BCH price build momentum to witness a breakout amid bullish sentiment in the crypto market.
On April 17, Bitcoin Cash (BCH) soared by around 3.66% on a daily chart following its positive correlation with Bitcoin (BTC), which once again reclaimed the $75,000 mark on the same day.
According to CoinMarketCap, Bitcoin Cash price is currently revolving around $455.74 with an impressive market capitalization of around $9.12 billion. The daily trading volume also jumped by around 18.52%, reaching $287.63 million.
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