- Bitcoin Cash price gave a bullish breakout from a 100-day resistance trendline, offering buyers with suitable support for the next recovery leap.
- Futures-linked instruments tied to BCH showed minimal capital inflows during the rally phase.
- Derivative market data shows that today’s price jump triggered a $1.44 million in short liquidation, further bolstering the buy orders in BCH.
Bitcoin Cash (BCH), the peer-to-peer electronic cash system, is up 4.13% ahead of Wednesday’s U.S. market hours to trade at $467. The buying pressure aligns with broader market relief rally as president Donald Trump extended the U.S.-Iran ceasefire. However, the Bitcoin Cash price gained additional momentum as buyers breached a key 100-day resistance trendline to bolster a further recovery. Will BCH reclaim $500 soon?
Crypto Market Hits $2.62T as Ceasefire Eases Global Tensions
On April 22nd, 2026, the crypto market experienced a notable surge in buying pressure which pushed its marke...
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