Why did the price of BCH go up?

Bitcoin Cash (BCH) increased by 1.89% to $509.93 in the last 24 hours, outperforming Bitcoin (+0.79%) and Ethereum (+0.03%). The main factors driving this rise include excitement around ETFs, strong technical signals, and positive momentum from Bitcoin’s recent CPI-related rally.

1. T. Rowe Price ETF Filing – The well-established asset manager proposed a crypto ETF that includes BCH, showing growing institutional interest.
2. Technical Breakout – BCH’s price broke through the $500 resistance level with positive indicators, though the RSI (55.36) suggests there’s still room to grow.
3. Market Sentiment – Bitcoin’s surge to $110K after CPI news boosted altcoins, but BCH’s gains outpaced most others.

Deep Dive

1. Institutional ETF Interest (Positive Signal)

Overview:
T. Rowe Price, a respected asset manager with $1.77 trillion in assets under management, filed for an actively managed crypto ETF on October 22, 2025. This ETF includes BCH among 14 eligible cryptocurrencies (source). This follows a similar filing by Grayscale in September 2025 for a BCH ETF.

What this means:
When established financial firms enter the crypto space, it signals growing acceptance and could attract more traditional investors. BCH being included alongside Bitcoin and Ethereum suggests it’s gaining recognition as a leading altcoin.

What to watch:
Keep an eye on the SEC’s approval timeline, especially after the recent U.S. government shutdown. According to Polymarket, there’s a 63% chance this will be resolved by November 15.

2. Technical Momentum (Mixed Signals)

Overview:
BCH’s price moved above its 7-day simple moving average (SMA) of $485.60 and cleared the key $500 resistance level. The MACD indicator also turned positive (+0.94), signaling upward momentum. However, BCH faces strong resistance at the 30-day SMA ($536.60) and the Fibonacci 23.6% retracement level ($577.32).

What this means:
The breakout is supported by increased trading volume (+118,000 BCH traded on June 25), but on-chain activity is low, with daily active addresses at a six-year low. This suggests the price rise may be driven more by speculation than by real user growth.

Key levels to watch:

• Bullish: Closing above $520 could push BCH toward $572, the high from July 2025.
• Bearish: Falling below $495 might lead to profit-taking and a drop toward $460 support.

Conclusion

BCH’s recent rally is fueled by optimism around ETFs, positive technical momentum, and spillover from Bitcoin’s CPI-driven surge. While institutional interest adds credibility, low network usage and weakness in the broader altcoin market (Altcoin Season Index down 65.71% year-to-date) suggest caution.

Key points to monitor: Can BCH maintain its position above $500 with strong trading volume? Or will Bitcoin’s dominance (up 59.08%) pull liquidity away from altcoins? Watch for the SEC’s ETF decision timeline and BCH’s RSI for signs of overbought conditions.

What could affect the price of BCH?

Bitcoin Cash is balancing important technical improvements with changing market conditions.

1. Smart Contract Upgrades – The Velma hard fork in May 2025 enhances DeFi capabilities.
2. ETF Inclusion Race – T. Rowe Price’s ETF application in October 2025 shows growing institutional interest.
3. Altcoin Challenges – Bitcoin’s dominance at 59% is limiting liquidity for altcoins like Bitcoin Cash.

Deep Dive

1. Smart Contract Expansion (Positive Outlook)

Overview: In May 2025, the Velma hard fork introduced new features like VM Limits and BigInt CHIPs. These upgrades allow for more advanced smart contracts and decentralized finance (DeFi) applications on Bitcoin Cash. Developers are also testing a proposal to reduce block times from 10 minutes to 2 minutes, which would make transactions five times faster and could position Bitcoin Cash as a quicker payment option than Litecoin.

What this means: These improvements make Bitcoin Cash more competitive with Ethereum Layer 2 solutions, especially for token creation and DeFi projects. Historically, major upgrades like Bitcoin’s Taproot in 2021 led to price increases of 30–60% within three months, suggesting similar potential for Bitcoin Cash.

2. ETF Hopes vs. Altcoin Weakness (Mixed Outlook)

Overview: T. Rowe Price filed for an Active Crypto ETF in October 2025 that includes Bitcoin Cash among 14 eligible assets. This could bring more institutional money into BCH. However, the CoinMarketCap Altcoin Season Index is at 25/100—the lowest since July 2025—while Bitcoin’s market share has risen to 59%, indicating investors are favoring established cryptocurrencies.

What this means: If the ETF is approved, it could add $1–3 billion in demand for Bitcoin Cash, based on similar ETF inflows for mid-sized cryptocurrencies. On the downside, altcoins like BCH are closely tied to Bitcoin’s price movements (with a 30-day correlation of 0.89), making them vulnerable to overall market downturns.

3. Whale Accumulation Patterns (Positive Signal)

Overview: Data from IntoTheBlock shows that large investors, or “whales,” bought 103,520 BCH (worth $52 million) in July 2025—the biggest monthly purchase since 2021. These whales now control 19.2% of the total Bitcoin Cash supply, up from 15.8% in early 2025.

What this means: When big holders accumulate coins, it often signals upcoming price rallies. For example, similar whale buying in late 2024 preceded a 112% increase in BCH’s price. However, daily active users remain low—around 12,000 compared to 250,000 in 2018—showing that everyday user adoption is still limited.

Conclusion

Bitcoin Cash’s future depends on turning its technical upgrades into real-world use while managing challenges in the altcoin market. The $577 price level (a key Fibonacci retracement point) is important—breaking above it could lead to momentum toward $658. Keep an eye on the SEC’s decision on ETFs and whether the upcoming Knuth upgrade boosts on-chain activity after October 2025.

What are people saying about BCH?

Bitcoin Cash is currently hovering near a key resistance level, with buyers and sellers unsure about the next move. Here’s what’s happening:

1. Hopes for a $500 breakout – Buyers are aiming for this important price point
2. 7-year wedge pattern – Long-term chart watchers see potential for a big price move
3. Backlash from social hype – Too much optimism led to a 6.7% price drop
4. Institutional interest grows – Big investors are active even though overall adoption remains low

Deep Dive

1. @PunkChainer: Consolidation Near Resistance Neutral

“Resistance around $471.17… Watch the reaction near $508.4 resistance”
– @PunkChainer (12.3k followers · 58k impressions · 2025-10-19 02:10 UTC)
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What this means: The outlook is neutral for Bitcoin Cash as traders wait to see if the price breaks above $508.4 or falls below $463.1. Without strong support nearby, price swings could be more volatile.

2. @ColinTCrypto: Macro Wedge Breakout Bullish

“BCH/USD – Huge 7-year wedge pattern… ready to break out soon”
– @ColinTCrypto (34.1k followers · 212k impressions · 2025-06-28 00:11 UTC)
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What this means: This is a positive sign for Bitcoin Cash. The long-term chart pattern suggests a breakout could push the price above $1,000 if key resistance levels are surpassed.

3. NewsBTC: Social Sentiment Reversal Bearish

“BCH dropped 6.7% after a spike in overly optimistic social media sentiment… prices often move opposite to crowd excitement”
– NewsBTC (1.2M monthly readers · 2025-09-20 01:00 UTC)
View original article
What this means: This is a short-term warning sign. When social media hype gets too high, prices can quickly reverse. Traders are watching to see if sentiment calms down to help stabilize the price.

4. Cryptonewsland: Institutional Accumulation Mixed

“BCH surged 20%… $11.47M in long positions vs $5.34M in shorts… retail investors are selling”
– Cryptonewsland (480k monthly readers · 2025-06-20 05:20 UTC)
View original article
What this means: Signals are mixed. Big traders are betting on price increases, but data shows everyday investors are taking profits near the $485 resistance level.

Conclusion

The outlook for Bitcoin Cash is mixed. On one hand, technical charts point to a possible major breakout after years of consolidation. On the other, recent price moves show the market is sensitive to social media hype and weak network use. Keep an eye on the $508 to $572 resistance zone — a strong move above this range could confirm bullish expectations, while a failure to break through might signal a downturn.

What is the latest news about BCH?

Bitcoin Cash is gaining attention from big investors and improving its technology, but it still faces challenges in the market. Here are the key updates:

1. T. Rowe Price’s Crypto ETF Includes BCH (October 23, 2025) – A well-known investment firm plans to launch a crypto fund that includes Bitcoin Cash.
2. 2025 Network Upgrade Goes Live (July 29, 2025) – Bitcoin Cash adds new features to support smarter contracts and bigger calculations.
3. Retail-Driven Recovery Faces Skepticism (October 23, 2025) – Experts warn that recent price gains are mostly from small investors, with big players staying cautious.

Deep Dive

1. T. Rowe Price’s Crypto ETF Includes BCH (October 23, 2025)

Overview:
T. Rowe Price, a respected investment company managing $1.8 trillion, has filed to create a crypto exchange-traded fund (ETF) that will include Bitcoin Cash among 14 cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This fund aims to beat the FTSE Crypto US Listed Index, showing that Bitcoin Cash is gaining recognition as a serious digital asset.

What this means:
This is good news for Bitcoin Cash because it makes the coin more accessible to traditional investors and confirms its place among the top cryptocurrencies by market value. However, the ETF still needs approval from the U.S. Securities and Exchange Commission (SEC), which might be delayed due to government shutdowns. Current odds suggest a 63% chance of approval by November 15. (Cointelegraph)

2. 2025 Network Upgrade Goes Live (July 29, 2025)

Overview:
Bitcoin Cash launched its biggest update since 2024, adding VM Limits that allow 100 times more contract resources and BigInt, which supports very large number calculations (up to 10,000 bytes). These improvements help Bitcoin Cash run more complex decentralized finance (DeFi) applications and connect with other blockchains, all while keeping transaction fees very low.

What this means:
This upgrade is a positive step for Bitcoin Cash’s technology, especially compared to Ethereum, which can be more expensive to use. However, the number of daily transactions is still under 100,000 as of late 2024, indicating that while the technology is improving, user growth is slower. (Levex)

3. Retail-Driven Recovery Faces Skepticism (October 23, 2025)

Overview:
An analysis from TradingView shows that Bitcoin Cash’s recent price increase in 2025 is mainly driven by small investors rather than large, experienced traders (often called “smart money”). Price predictions for November range between $422 and $689, depending on whether big investors start buying again.

What this means:
This is a warning sign for Bitcoin Cash. Although the price recently held steady around $508, the lack of big investor activity could mean the price won’t hold strong for long. If the price breaks above $572, it might gain momentum, but if not, it could settle near $450. (TradingView)

Conclusion

Bitcoin Cash is balancing growing interest from big investors and important technology upgrades, but it still needs to prove it can attract serious, long-term capital. The upcoming ETF and network improvements set the stage, but BCH must show it can grow real-world use before competitors like Solana take the lead in low-cost transactions.

What is expected in the development of BCH?

Bitcoin Cash is focusing on expanding its smart contract capabilities and improving network performance:

1. OP_EVAL & Smart Contract Upgrades (2026) – Adding advanced scripting features to support more complex decentralized finance (DeFi) applications
2. Loop Functionality Integration (2026-2027) – Allowing automatic, recurring transactions like subscriptions without needing outside services
3. Pay-to-Script Enhancements (2026-2027) – Making transactions more flexible and improving compatibility with other blockchains
4. Block Time Reduction Proposal (TBD) – Considering faster transaction confirmations by cutting block times from 10 minutes to 2 minutes

Deep Dive

1. OP_EVAL & Smart Contract Upgrades (2026)

Overview: The OP_EVAL upgrade will boost Bitcoin Cash’s scripting abilities, enabling it to run more advanced smart contracts. This builds on earlier upgrades in May 2025 that increased computing power and precision (Levex).
What this means: This is positive for Bitcoin Cash (BCH) because it could attract developers interested in building DeFi projects with lower fees compared to Ethereum. However, the upgrade might be delayed if the community of node operators doesn’t reach agreement.

2. Loop Functionality Integration (2026-2027)

Overview: Introducing native loop functions will let users set up automatic, repeating transactions—like monthly subscriptions—directly on the blockchain, without relying on third-party tools.
What this means: This feature could increase Bitcoin Cash’s usefulness, especially for recurring payments. Its success depends on whether wallets and decentralized apps (dApps) adopt this functionality.

3. Pay-to-Script Enhancements (2026-2027)

Overview: Improvements to Pay-to-Script Hash (P2SH) will simplify how Bitcoin Cash interacts with other blockchains and enhance security through multi-signature setups.
What this means: This is promising for businesses, especially those needing escrow services or secure custody solutions. Like other upgrades, it depends on smooth implementation and community support.

4. Block Time Reduction Proposal (TBD)

Overview: Some community members have proposed reducing the time between blocks from 10 minutes to 2 minutes to speed up transaction confirmations. However, this idea is controversial because it could increase centralization risks among miners.
What this means: In the short term, this debate might slow progress. But if successfully implemented, it could make Bitcoin Cash a faster option for payments in the long run.

Conclusion

Bitcoin Cash’s development plan aims to combine its role as a digital cash system with new DeFi features and improved efficiency. While these technical upgrades could help grow its user base, success depends on cooperation among developers and miners. The key question remains: how will Bitcoin Cash balance its original goal as “digital cash” with its new ambitions in DeFi, especially when competing with platforms like Ethereum and Solana?

What updates are there in the BCH code base?

Bitcoin Cash has recently rolled out important updates to its software that improve how it works and what it can do.

1. VM Limits & BigInt Upgrade (May 2025) – Made smart contracts more powerful by allowing more complex calculations.
2. Parallel Block Downloads (Oct 2025) – Made syncing with the network faster by downloading data from multiple sources at once.
3. ABLA Performance Fixes (Oct 2025) – Speeded up how nodes start and process data, making the network smoother.

Deep Dive

1. VM Limits & BigInt Upgrade (May 15, 2025)

What happened: Two key updates (CHIP-2021-05 and CHIP-2024-07) were activated to expand Bitcoin Cash’s scripting abilities.

• VM Limits: The system now allows scripts to use more resources (like increasing the stack size to 10,000 bytes) and removed the previous limit on the number of operations (201 operations). This means developers can create more complex decentralized finance (DeFi) applications.
• BigInt: Bitcoin Cash now supports very large numbers (up to 80,000 bits), enabling advanced cryptography such as zero-knowledge proofs, which help keep transactions private and secure.
  Why it matters: These upgrades make Bitcoin Cash more attractive for developers to build sophisticated apps directly on the blockchain, all while keeping transaction fees very low. (Source)

2. Parallel Compact Block Downloads (v28.0.1 – Oct 2025)

What happened: The way Bitcoin Cash nodes download blocks of transactions was improved by allowing them to fetch data from multiple peers at the same time.

• This change reduced the time it takes to download blocks by up to 40% during tests.
• New monitoring tools (bip152_hb_to, bip152_hb_from) were added to track high-speed connections between nodes.
  Why it matters: Users experience faster transaction confirmations, and the network becomes more reliable during busy times. Node operators benefit from quicker synchronization with the blockchain. (Source)

3. ABLA Algorithm Optimization (v28.0.1 – Oct 2025)

What happened: The Adaptive Blocksize Limit Algorithm (ABLA), which helps manage how big blocks can get, was optimized.

• Startup checks for nodes running on traditional hard drives (HDDs) are now about 30% faster.
• The logic for adjusting block sizes was simplified but still keeps the maximum block size at 2GB.
  Why it matters: While this update doesn’t directly affect Bitcoin Cash’s performance for users, it makes running a node easier and more efficient, encouraging more people to participate in the network. (Source)

Conclusion

The latest Bitcoin Cash updates focus on making the network more scalable, easier to use, and more flexible for developers. With tools like CashTokens gaining popularity, these improvements could help Bitcoin Cash play a bigger role in business and enterprise blockchain solutions.