While spot Bitcoin ETF applications made by trillion-dollar companies were positively received in the market, a rally to $ 30,000 began in Bitcoin.
This rally in BTC also mobilized altcoins, and up to 10% increases were seen in Ethereum (ETH), altcoins such as Litecoin (LTC), Cardano (ADA) and Avalanche (AVAX).
Apart from these, some altcoins have increased up to 30%. One of these altcoins was Bitcoin Cash (BCH).
Ranked 27th by market cap, BCH has gained 28% in the last 24 hours. Bitcoin Cash, which went up to $ 141, fell to $ 129 with some pullback.
Bitcoin Cash, which went up to $ 1600 in the 2021 bull rally, made a splash after a long time and became one of the altcoins that accompanied the rally in Bitcoin.
Bitcoin Cash, which came to the fore with this rise, has caught the biggest increase rate in the last 1 month.
Although there is no concrete event behind the rise in Bitcoin Cash, experts assess that the growth in BCH could be the big update in May.
*Not investment advice.