- Bitcoin Cash spikes in 24 hours while Bitcoin declines 0.97% during same period
- BCH trades above $520 resistance with RSI at 52.62 indicating continued strength
- Token closes gap on Cardano for top 10 market cap position with 18% yearly gains
Bitcoin Cash has outperformed Bitcoin over the past 24 hours with an notable price increase, according to CoinMarketCap data.
BCH completed a technical breakout and maintained its position above the $520 resistance level. The asset reached a peak of $536.42 before encountering volatility that pushed prices back to current levels. The Relative Strength Index stands at 52.62 and continues trending upward.
Trading Volume Declines Despite Price Gains
Traders view the RSI reading as an indication of sustained recovery from previous price weakness. The general cryptocurrency market is down 0.73%, but several indicators point to a potential reversal forming across the sector.
Bitcoin Cash investors anticipate that a market-wide recovery could drive the token toward the $555 resistance zone. A break above this level would open the path to $600 as a longer-term target. Failure to maintain current price action could result in a drop below the $500 support level.
Trading volume for BCH declined 26.01% to $313.02 million despite the price gains recorded over the past day. Bitcoin’s volume also decreased as market participants reduced activity amid uncertainty about near-term direction.
Bitcoin Cash has posted 18% growth year-to-date, outperforming Bitcoin across multiple timeframes. The token is approaching Cardano in market capitalization and could displace ADA from the top 10 cryptocurrencies by market cap. A sustained move above $550 would close the gap between the two assets as Cardano faces continued downward pressure.
Bitcoin Cash previously decoupled from the wider crypto market in September 2025. While other altcoins posted losses during that period, BCH recorded a volume spike that improved its price outlook. Institutional demand drove the asset’s open interest higher during the September rally.
The current price action suggests BCH could extend gains if the recovery continues across the cryptocurrency market. However, weak trading volume remains a concern for bulls attempting to push prices toward higher resistance levels.
