Bitcoin Cash (BCH) Leads Altcoin Market With Solid 16% Gain – Here’s Why

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Online analysts are also bullish on BCH continuing its strong run until next month.$BCH Descending Channel Breaking out in 12H Timeframe✅ Expecting Bullish Wave📈#BCH #BCHUSDT #Crypto pic.twitter.com/O7PBegZ2px — ZAYK Charts (@ZAYKCharts) July 28, 2024 These positive metrics leave bulls more than enough ground to continue their upward rise.

Since the start of this week, these major cryptocurrencies like Bitcoin and Ethereum have continued to rocket upwards, pulling the majority of the market with them.

According to CoinGlass, BCH’s rocket upward contributed to more long-term investors entering the scene, introducing newer contracts to the market.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaJapanSouth KoreaPhilippinesUnited States

Topics: Btusd Cryptocurrency Market News Crypto BCH Bitcoin Cash Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 17:00:25 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21828673

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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