--- 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) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 智利银行发行了 UF 860,000 的高级无纸化不记名债券 | 智利银行成功在本地市场发行了 860,000 UF 的高级无形持有人债券。这些 FG 系列债券在 CMF 证券登记处注册编号为 11⁄2022,到期日为 2030 年 11 月 1 日,发行时的平均利率为 2.59% | [Link](https://longbridge.com/en/news/275512040.md) | | 智利银行发行了 115 万 UF 的高级债券 | 智利银行在本地市场成功发行了三系列高级债券,总额为 115 万 UF。其中,FU 债券金额为 50 万 UF,到期日为 2032 年 11 月 1 日,利率为 2.81%。GG 债券总额为 35 万 UF,到期日为 2035 年 5 月 1 | [Link](https://longbridge.com/en/news/272602644.md) | | 币价大跌不用慌?特朗普家族加密货币平台海湖庄园办大会,华尔街态度转向 | 本周三的海湖庄园活动期间,昔日怀疑加密货币的高盛 CEO 苏德巍透露,他本人持有数量非常有限的比特币。曾称比特币是干扰的富兰克林邓普顿 CEO 称,设想加密货币公司与传统金融机构能携手合作。特朗普的长子称去年其家族推出的稳定币将保护美元霸权 | [Link](https://longbridge.com/en/news/276380974.md) | | 机构清仓 + 强平踩踏,比特币下一站是 5 字头? | 比特币一度逼近 6 万美元关口,分析师警告,机构正加速抛售加密资产,这或导致比特币进一步下探 4 万至 5 万美元区间。CryptoQuant 数据显示,去年同期大举买入 4.6 万枚比特币的美国 ETF 已在 2026 年转为净卖方。而 | [Link](https://longbridge.com/en/news/275123558.md) | | 史诗级失误:韩国交易所 “手滑” 发出 440 亿美元比特币 | Bithumb 原计划向用户发放每人 2000 韩元(约 1.4 美元)的现金促销奖励,但系统错误导致 695 名用户每人至少收到 2000 枚比特币。该交易所在 35 分钟内限制了相关账户的交易和提现功能,并已追回 99.7% 的错发比特 | [Link](https://longbridge.com/en/news/275213137.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.