The post Bitcoin Cash Price Hit Monthly High as Volume Soars 101% appeared on BitcoinEthereumNews.com.

Key Notes Bitcoin Cash surged by over 6% in the last 24 hours, pushing the price to almost $500. Experts believe the crypto will soon flip the critical $500 level and likely head to $520. Institutional investors are drawn to BCH’s scalability, and Solaxy is riding a similar wave. A recent Bitcoin Cash BTC $105 990 24h volatility: 1.1% Market cap: $2.11 T Vol. 24h: $21.82 B price pump has surprised crypto enthusiasts, especially with the digital asset nearing $500. This coin recorded a surge, placing it at a two-month high above $499. By all standards, the recent price spike positions BCH close to the psychologically critical $500 level. Bitcoin Cash Price Surge Amidst Increasing Institutional Demand Bitcoin Cash last touched the $500 critical zone during April’s breakout attempt. Fast-forward to today, and it is trading at $491.03, according to CoinMarketCap data. This spike follows a 6.21% increase over the last 24 hours and 18.04% in the previous seven days. With this new development, BCH currently ranks amongst the top 20 cryptos by market capitalization. Bitcoin Cash Daily Price Chart | Source: CoinMarketCap Notably, this price action comes amidst a growing institutional demand for crypto investments. CoinGlass data shows its Open Interest is up 24.2% with 1.16 million BCH committed in futures trading. This is equivalent to more than $570 million in 24 hours. As the price of BCH is soaring, so are its other key metrics. The token’s market capitalization has reached $9.76 billion, while its trading volume registered a 101.45% increase to $778.97 million. This indicates that this crypto asset is receiving positive attention from traders and investors in different jurisdictions. Analysts and market observers believe that BCH’s unique breakout potential may attract many traders. While it has a history of volatility and fading retail hype, institutional investors…

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Filed under: News - @ June 20, 2025 11:21 am