The post BCH Gains 2.8% as Only Green Asset in CoinDesk 20 Amid Market Selloff appeared on BitcoinEthereumNews.com.

Rongchai Wang
Nov 27, 2025 06:38

Bitcoin Cash (BCH) trades at $549.10, up 3.27% in 24 hours, as institutional interest grows following Grayscale’s trading platform enhancement announcement.

Quick Take • BCH trading at $549.10 (up 3.3% in 24h) • Only major crypto to post gains amid broader market weakness • Testing upper Bollinger Band resistance at $562.63 • Outperforming Bitcoin correlation as institutional flows improve Market Events Driving Bitcoin Cash Price Movement Bitcoin Cash has emerged as the standout performer in today’s trading session, marking a notable divergence from the broader cryptocurrency market. The BCH price gained 2.8% yesterday while other major cryptocurrencies in the CoinDesk 20 index posted losses, highlighting significant relative strength in the asset. This outperformance builds on momentum established following Grayscale’s November 18 announcement of trading platform updates for its Bitcoin Cash Trust. The institutional infrastructure enhancement sparked a 5.12% rally in BCH price as institutional investors gained improved access and efficiency for Bitcoin Cash exposure. The broader cryptocurrency market received support from Bitcoin’s 2.47% rise to $86,350 on November 23, which contributed to a 1.30% increase in total crypto market capitalization. However, Bitcoin Cash technical analysis suggests the asset is trading independently of Bitcoin correlation patterns, demonstrating autonomous strength that could signal shifting institutional preferences. BCH Technical Analysis: Bullish Momentum Building Price Action Context The BCH price currently sits well above all major moving averages, with the asset trading $34.85 above its 20-day SMA at $514.25. This positioning represents a significant technical breakout, as Bitcoin Cash has cleared resistance from the 200-day moving average at $516.91 for the first time in several weeks. Trading volume on Binance spot market reached $77.6 million in the past 24 hours, indicating healthy institutional participation in the current rally. The volume…

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Filed under: News - @ November 28, 2025 2:27 am