BTC
$104,479.38
–
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ETH
$2,505.70
–
0.22%
USDT
$1.0004
–
0.01%
XRP
$2.1565
+
0.09%
BNB
$641.68
–
0.16%
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$143.80
–
1.42%
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$1.0000
–
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TRX
$0.2740
+
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DOGE
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+
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–
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HYPE
$36.84
–
5.61%
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$49.33
+
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$484.66
+
4.24%
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$2.8162
+
1.25%
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+
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–
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–
0.91%
By Siamak Masnavi, CD Analytics|Edited by Aoyon Ashraf
Updated Jun 19, 2025, 2:21 p.m. Published Jun 19, 2025, 2:10 p.m.
- BCH rose 3.15% to $480.10, rebounding from $454 support after a wave of buying pressure broke through the $465 level.
- 24-hour trading volume surged 21.98% above the 30-day average, helping fuel a late-session breakout to session highs.
- Notable volume spikes during the New York morning session and final hour confirmed strong buyer interest at higher levels.
Bitcoin Cash (BCH)
rose 3.15% in the past 24 hours to $480.10, climbing sharply from a session low near $454 after buyers stepped in to reverse early weakness, according to CoinDesk Research’s technical analysis model.
While much of the crypto market struggled under pressure from global economic tensions and declining Bitcoin prices, BCH broke out to the upside late in the session as volume surged and short-term resistance levels gave way.
STORY CONTINUES BELOW
The move came amid a 21.98% increase in 24-hour trading volume versus the 30-day average, confirming a shift in participation and signaling that traders were positioning into strength. Key buying activity occurred throughout the U.S. morning hours, with multiple volume spikes between 08:00 and 12:20 UTC. The final push above $468 was fueled by aggressive buying in the last hour of the analysis window.
Despite broader headwinds — including a 3.5% decline in total crypto market capitalization and escalating U.S.-China trade tensions — BCHstood out for its relative resilience. The coin reclaimed levels lost earlier this week and ended near the day’s high, with a clear pattern of higher lows and sustained accumulation at each breakout. While short-term volatility may continue, BCH enters the next session with visible momentum and fresh support.
Technical Analysis Highlights
- BCH traded in a 24-hour range between $454.16 and $469.06, a 3.26% swing.
- The day began with a drop to $454 on above-average volume (41K), but a rebound formed a base at $455–$458.
- Volume spikes during 08:00–10:00 signaled increasing buyer interest, helping lift price toward the $468 resistance level.
- The final hour saw a breakout from $462.75 to $468.77 (+1.3%), followed by strong continuation to $480.10.
- Notable buy-side volume hit at 11:27 (1,314 units), 12:15 (718 units), and 12:20–12:21 (3,600+ units total), confirming demand.
- An uptrend formed with higher highs and higher lows, strengthened by sustained volume into the close.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
