---
title: "Bitcoin Cash Shines Amid Altcoin Bloodbath, Volume Jumps 32%"
description: "Bitcoin Cash (BCH) has surged amid a downturn in altcoins, with a 32% increase in trading volume and a price rise to $601.39. Institutional and retail demand has driven this momentum, with BCH outperf"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256228851.md"
published_at: "2025-09-06T11:29:00.000Z"
---

# Bitcoin Cash Shines Amid Altcoin Bloodbath, Volume Jumps 32%

> Bitcoin Cash (BCH) has surged amid a downturn in altcoins, with a 32% increase in trading volume and a price rise to $601.39. Institutional and retail demand has driven this momentum, with BCH outperforming Bitcoin by 20% in July. The asset's Relative Strength Index indicates bullish momentum, and it has climbed to the 14th position in the cryptocurrency market. Market participants are closely watching BCH to see if it can maintain the $600 level amidst fluctuating sentiments.

Amid the downward trend that hit altcoins in the last 24 hours, Bitcoin Cash (BCH) has defied the odds. The asset has seen a spike in volume and an appreciable increase in price outlook. CoinMarketCap data shows that BCH registered an over 32% increase within this time frame.

**Institutional and retail demand for BCH drive momentum**

Notably, the spike came as institutional interest in Bitcoin Cash pushed the asset’s open interest up by over 23%. There was also an increase in retail interest following the bullish performance of BCH in July. Notably, the coin outperformed Bitcoin, the leading digital asset, by 20% in July.

Bitcoin Cash’s Relative Strength Index (RSI), which is at 58.85, confirms the asset’s bullish momentum, leading to increased activity by investors. This has pushed trading volume up by 32.12% to $703.98 million.

With volume over $500 million, market participants need to keep a watchful eye on the asset as sentiments could easily shift from neutral to greed.

Bitcoin Cash has recorded a boost in price as the coin reached an intraday peak of $618.56 before witnessing a major correction. As of this writing, BCH was changing hands at $601.39, representing a 0.95% increase in the last 24 hours.Bitcoin Cash Daily Price Chart | Source: CoinMarketCap">

**Can Bitcoin Cash hold $600 level?**

The current bullish momentum of Bitcoin Cash was ignited within the week as it formed a golden cross on its hourly chart. At the time, BCH was trading at $560, but the asset has since gained over $40 to flip the $600 price level.

The price uptick has increased Bitcoin Cash’s ranking in the cryptocurrency market. It has climbed from the 15th position and now ranks 14th. The asset is on a bullish wave despite the struggling outlook of most altcoins.

However, with price trading near $600, market watchers are monitoring to see if ecosystem bulls have enough momentum to keep it from crashing below this level.

### Related Stocks

- [BCH.US - Banco De Chile](https://longbridge.com/en/quote/BCH.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
