Bitcoin Cash Surges Above $500 as It Breaks 6-Month Slump

Quick Summary:

As Bitcoin (BTC) recorded a new all-time high of $98,342 on Thursday, its hard fork, Bitcoin Cash (BCH), broke a prolonged bearish trend and entered the $500 zone for the first time since May.

Over the past 24 hours, BCH’s price soared over 24%, rising from a low of $429 to an intraday high of $533.

Nevertheless, the recent rally has brought renewed optimism, with BCH gaining 24% in a single day and topping the gainers list.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab Emirates

Topics: Bitcoin Latest News BCH Bitcoin Cash Crypto Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 12:40:09 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 347 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23740313

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 45 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

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