Bitcoin Cash (BCH) is a cryptocurrency . Users are able to generate BCH through the process of mining. Bitcoin Cash has a current supply of 19,824,175. The last known price of Bitcoin Cash is 291.58188005 USD and is down -26.63 over the last 24 hours. It is currently trading on 974 active market(s) with $757,936,034.99 traded over the last 24 hours. More information can be found at http://bch.info.
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Bitcoin Cash (BCH) remains well below its all-time high and continues to hover within an accumulation range that goes back seven years. In recent trading, BCH has struggled to break higher and formed a descending triangle following rejection around $640 in early December.
Jesse Powell, co-founder of Kraken exchange, has publicly supported Bitcoin Cash advocate Roger Ver, who is currently battling tax-related charges from the US Department of Justice (DOJ). In a Jan. 27 post on X, Powell questioned the integrity of the evidence presented by the Internal Revenue Service (IRS) and highlighted potential flaws in the case.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.