Fri, September 19

Bitcoin Cash Surpasses $600 Milestone as Three Bullish Signals Align for Further Growth

Altcoin News
  • Bitcoin Cash delivers 145% performance from April low while reaching yearly price highs
  • Network hashrate hits all-time high of 6.11 EH/s amid increased miner participation
  • Sentiment data warns of potential correction despite bullish technical breakout

Bitcoin Cash has quietly achieved its highest price level of 2025, surpassing $600 while avoiding the attention that typically accompanies major cryptocurrency rallies. Unlike many altcoins that experience sharp pumps followed by sideways consolidation, BCH has maintained steady upward progression throughout the year.

The cryptocurrency has generated 145% gains from its April low of $250, climbing consistently without attracting widespread market discussion. This measured advance contrasts with the volatile price action seen across most alternative digital assets during the same period.

Network Metrics Support Continued Growth

Transaction value data from Bitinfocharts reveals average USD transaction values reached a new peak of $32,700 in September. Historical patterns show average transaction values tend to increase before price rallies, suggesting this metric could indicate further upside potential for BCH.

The correlation exists because rising coin prices naturally increase the fiat value of each transaction while indicating greater participation from large-scale investors. This dynamic creates reinforcing upward pressure on price momentum as institutional interest grows.

Bitcoin Cash’s hashrate achieved an all-time high of 6.11 EH/s in September 2025, marking the strongest network security level recorded. Mining difficulty also reached its highest point in three years, reflecting increased miner participation and growing confidence in the network’s long-term viability.

Higher hashrate levels make the network more secure against potential 51% attacks, as controlling the majority requires substantially more computational resources. This security enhancement strengthens BCH’s position as a viable option for investors considering long-term holdings or transaction usage.

Technical analysts have identified positive price structure developments, particularly BCH’s retest of a symmetrical triangle pattern on weekly charts that has persisted since 2021. The September breakout above $600 represents a classic triangle breakout that could set the stage for continued rallies.

Analyst XForceGlobal projected that “a sustained break above $700 will be a continuation to the next target zone at $1,600,” based on the triangle pattern completion.

However, sentiment analysis from Santiment raises caution flags despite the bullish momentum. Market sentiment has reached its strongest levels in months, which historically precedes price corrections as crowd expectations often prove contrary indicators.

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Little Pepe