BCH approaches $500 after outperforming the broader market

Cryptowisser · 2025-06-20T07:29:58+00:00

BCH is the top-performing cryptocurrency, up 20% this week, currently trading at $490 and approaching $500. Its rise is attributed to capital rotation into mid-cap assets, despite market volatility and geopolitical tensions.

Cryptowisser

2025-06-20 07:29:58

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TL;DR

BCH is the best performer among the top 20 cryptocurrencies, up 6% in the last 24 hours.
The coin is now approaching $500 as it benefits from capital rotation into mid-cap majors.

BCH Outperforms Other Major Cryptos, Approaches $500

BCH, the native coin of the Bitcoin Cash ecosystem, is the best performer among the top 20 cryptocurrencies this week. The coin added 20% to its value this week despite the ongoing crisis in the Middle East.

At press time, BCH is trading at $490 and could surge past the $500 mark soon if the bullish momentum is sustained. Bitcoin Cash, despite a history of volatility and fading retail hype, has recently shown signs of institutional reappraisal.

The coin currently benefits from capital rotation into mid-cap majors, with HYPE another coin that has rallied in recent weeks. Analysts expect BCH to surge above the $500 level heading into the third quarter of the year.

Bitcoin, the leading cryptocurrency by market cap, has also maintained its price around the $105k region despite the escalated conflict between Iran and Israel. BTC added less than 1% to its value in the last 24 hours and now trades at $105,200 per coin

The total cryptocurrency market cap now stands at $3.25 trillion as BCH and others begin a slow recovery.

BCH-0.6%

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