Bitcoin Cash (BCH) Price Continues to Expand as Crypto Market Revives
Bitcoin Cash (BCH) has extended its three-month recovery, doubling in value since its April low. BCH is now nearing $500, attracting strong online attention. The surge in social media mentions and trading activity has created a wave of positivity.
Market Trends and Investor Attitudes
In recent months, BCH has been one of the strongest cryptocurrencies to ‘revive’, as a ‘parasitic’ market resurgence. As Bitcoin (BTC) reached new highs, traders began to return to BCH, reviving the story of this coin after many years of being forgotten.
During the November 2024 bull run, BCH broke above $600, demonstrating its potential to exploit crowd psychology. In a single day, BCH rose more than 10%, raising expectations for a larger breakout. The market also paid attention to BCH’s efforts to break through sell walls — which could help the coin reach higher ranges as selling pressure wanes.
Bitcoin Cash (BCH) has seen a near-constant rally over the past month, reigniting social media interest after years of inactivity. | Source: CoinGecko
Trading Parameters and Market Sentiment
BCH is currently trading near $500, after weeks of consecutive growth. Trading volume has also reached a three-month high, surpassing $627 million. The surge is largely due to social media, with mentions of BCH surging, pushing the price to a new yearly high.
The social mentions ranking and related metrics show that BCH is having a “highlight” in 2025, especially in the context of highly applicable cryptocurrencies like SUI still leading the trend.
Bitcoin Cash Functions and Practical Uses
Despite its return to the market, BCH is still considered a ‘failed’ chain compared to emerging coins like SUI or larger DeFi projects. However, BCH still holds its position as a payment tool, thanks to its low transaction fees and stability.
Meanwhile, BCH activity remains limited. Average usage is around 300K BCH exchanged per day, with over 55K daily active addresses. Developers have focused on optimizing difficulty adjustments to keep mining power stable and limit competition from other chains.
Technical and Operational Capabilities
BCH hashrate has fluctuated between 3 and 7 EHash per second over the past year. Mining capacity has remained stable, especially on older devices, helping to keep the network strong.
However, compared to the Bitcoin network, BCH is still far behind in terms of scale, as BTC's hashrate has increased more than 20 times since 2018. BCH mining activities are still profitable, keeping the network safe, despite not having too many fluctuations.
Source: https://tintucbitcoin.com/bitcoin-cash-tang-gia-va-hoat-dong-2025/
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