Bitcoin Cash price outlook: BCH tracks BTC Higher, but can the rally continue?

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Bitcoin Cash (BCH) traded at $236.38 at the time of writing, posting a 1.5% gain over the past 24 hours. The move comes as the broader cryptocurrency market recorded modest gains, with Bitcoin (BTC) also moving higher during the same period. While BCH has outperformed the wider market slightly, recent price action suggests that the rally has largely been driven by Bitcoin’s strength rather than a catalyst specific to Bitcoin Cash. The latest data shows BCH trading within a 24-hour range of $230.10 to $240.28, keeping the asset above an important support zone that traders have been watching closely. Over a longer timeframe, Bitcoin Cash has gained 8.3% in the past seven days, 21.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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