Bitcoin Cash (BCH) is a cryptocurrency . Users are able to generate BCH through the process of mining. Bitcoin Cash has a current supply of 19,826,175. The last known price of Bitcoin Cash is 318.24767619 USD and is up 1.05 over the last 24 hours. It is currently trading on 976 active market(s) with $276,623,863.92 traded over the last 24 hours. More information can be found at http://bch.info.
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Bitcoin Cash (BCH) remains well below its all-time high and continues to hover within an accumulation range that goes back seven years. In recent trading, BCH has struggled to break higher and formed a descending triangle following rejection around $640 in early December.
Jesse Powell, co-founder of Kraken exchange, has publicly supported Bitcoin Cash advocate Roger Ver, who is currently battling tax-related charges from the US Department of Justice (DOJ). In a Jan. 27 post on X, Powell questioned the integrity of the evidence presented by the Internal Revenue Service (IRS) and highlighted potential flaws in the case.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.