Bitcoin Cash has increased by 16% to reach $545.20, driven by the Federal Reserve’s recent rate cut and increased activity in derivatives markets. This surge reflects a broader risk-on sentiment in the cryptocurrency sector. The Federal Reserve’s second rate cut in 2025 has contributed to a favorable environment for cryptocurrencies, encouraging investors to engage more actively in the market. As a result, Bitcoin Cash is now positioned for a potential breakout above significant resistance levels. The heightened derivatives activity indicates growing confidence among traders, further supporting BCH’s upward momentum.
