Bitcoin Cash

Today's state: Bitcoin Cash is trading at $205.45 with a $4.1 billion market capitalization (rank #18). The price moved +2.94% over the past 24 hours and is +6.95% over 7 days; the 30-day move stands at -27.82% and the 90-day at -55.88%.

Position vs cycle: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatility and structure: 30-day realized volatility of 95.6% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Weak (18/100), in a structurally weak regime with material losses across every meaningful horizon.

Bitcoin Cash follows a halving cycle similar in mechanism to Bitcoin's — the block reward is cut on a predictable schedule, producing periodic supply-side compression. While BCH's cycle dynamics have historically tracked Bitcoin's broader rhythm rather than producing fully independent cycles, the halving events themselves have produced meaningful price-action inflection points in past cycles.

For PoW chains other than Bitcoin, the relevant tactical question is generally not "does the halving alone drive a bull cycle?" but rather "does the broader crypto cycle, plus the halving's supply compression, plus any chain-specific narrative produce a structural setup?" When all three align, multi-month outperformance versus Bitcoin has been the historical pattern.

Beyond Bitcoin, BCH's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.14 — a minimal positive relationship.
• Ethereum reference: +0.03 — a minimal positive relationship.
• Solana reference: +0.10 — a minimal positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

Bitcoin Cash (BCH) is a Layer-1 cryptocurrency, running on its own independent blockchain network. It trades at $205.45 as of the latest update, with a 24-hour move up 2.94%, placing it at rank #26 by market capitalisation among all listed digital assets. Bitcoin Cash's current market cap stands at $4.12B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Bitcoin Cash across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Bitcoin Cash focuses on moving value efficiently. Its design prioritises cheap, quick, reliable transfers — the qualities that matter for payments and remittances — over hosting a broad application ecosystem.

By market value, Bitcoin Cash sits at rank #18 — a top-25 asset. It operates in the peer-to-peer cash category, and launched in 2017. About 96% of the maximum BCH supply is in circulation today (20.06M of 21.00M), leaving a moderate emission stream still to come. It currently trades about 95% below its all-time high of $4,355.62 set in December 2017, while sitting roughly 2.7× above its record low.

Bitcoin Cash optimises its consensus and fee model for settlement: transactions confirm quickly and cheaply, and the protocol is deliberately narrower in scope than a smart-contract chain. The relevant adoption signal is payment and settlement usage — transaction counts, corridors served, and integrations — rather than DeFi total value locked.

By market value, Bitcoin Cash sits at rank #18 — a top-25 asset. It operates in the peer-to-peer cash category, and launched in 2017. About 96% of the maximum BCH supply is in circulation today (20.06M of 21.00M), leaving a moderate emission stream still to come. It currently trades about 95% below its all-time high of $4,355.62 set in December 2017, while sitting roughly 2.7× above its record low.

The practical role of Bitcoin Cash is moving money: person-to-person payments, cross-border transfers and remittances, and settlement where speed and low cost beat programmability. Whether it accrues value depends on genuine transactional use rather than speculative churn.

Daily volume runs at about 3.1% of market capitalisation ($128.53M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read Bitcoin Cash's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. At 95.5% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited.

The question that matters for a longer-term view is simple: does value accrual (burns, staking-yield reinvestment, deflationary mechanics, growing ecosystem TVL) run ahead of new issuance, or behind it? Ahead, and price can compound quietly; behind, and it leans on continuous fresh demand to soak up the supply.

What sets the macro tone for crypto is the cost and availability of money: where the Fed is steering policy rates, whether dollar liquidity is expanding or draining, and how much risk the market is willing to carry. The asset class has behaved like the high-beta tail of that cycle — first to rally as conditions ease, first to crack when they tighten.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

Zooming in on Bitcoin Cash, the most reliable leading indicator has tended to be crypto-native liquidity itself — aggregate stablecoin supply, open interest in futures, and exchange volume. Rising on-chain liquidity has historically pulled BCH up; draining liquidity has done the opposite. With a comparatively loose 90-day BTC correlation of +0.14, BCH has shown more idiosyncratic price behaviour than the average large-cap — its own catalysts can matter as much as the broad liquidity tide.

Payments-coin risks: competition from stablecoins and from faster or cheaper rails, regulatory treatment of money-transmission, and the challenge of achieving durable real-world payment volume rather than speculative turnover. Market-wide volatility, custody and macro-liquidity risks apply on top.