{"id":81019,"date":"2023-06-30T12:43:35","date_gmt":"2023-06-30T09:43:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81019"},"modified":"2025-09-11T20:25:54","modified_gmt":"2025-09-11T17:25:54","slug":"bitcoin-cash-price-tops-300","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-cash-price-tops-300\/","title":{"rendered":"Bitcoin Cash price tops $300"},"content":{"rendered":"<p>Overnight from June 29 to 30, the price of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-bitcoin-cash-bch-and-how-did-it-emerge\">Bitcoin Cash<\/a> (BCH) rose by 35% \u2014 from $240 to $325 \u2014 surpassing a 14-month high.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"428\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BCHUSDT_2023-06-30_12-13-38-1024x428.png\" alt=\"BCHUSDT_2023-06-30_12-13-38\" class=\"wp-image-210495\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BCHUSDT_2023-06-30_12-13-38-1024x428.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BCHUSDT_2023-06-30_12-13-38-300x125.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BCHUSDT_2023-06-30_12-13-38-768x321.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BCHUSDT_2023-06-30_12-13-38.png 1355w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute BCH\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BCHUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>As of writing, the asset was trading at around $307. Over the week, it had risen by 130%.<\/p>\n<p>Likely, the sharp pump is linked to a surge in BCH trading volumes in the KRW pair on the Upbit exchange. According to data from <a href=\"https:\/\/www.coingecko.com\/en\/exchanges\/upbit\">CoinGecko<\/a>, the coin&#8217;s turnover on the platform over the last 24 hours reached $676 million.<\/p>\n<p>The BCH\/KRW indicator is almost 5.5 times higher than BCH\/USD on **<a href=\"https:\/\/www.coingecko.com\/en\/exchanges\/coinbase-exchange\">Bitcoin Cash market capitalization<\/a>** \u2014 $101 million.<\/p>\n<p>Analysts at IntoTheBlock also noted the largest total BCH transaction volume over a year, exceeding $750 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">2\/2 Our &#8216;Balance by Time Held&#8217; indicator reveals something intriguing. Notably, this volume surge could largely be attributed to traders who have held <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> for less than a month, increasing by 33% in the last 30 days. ? <a href=\"https:\/\/t.co\/LRHsUWYENz\">https:\/\/t.co\/LRHsUWYENz<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BCH?src=hash&#038;ref_src=twsrc%5Etfw\">#BCH<\/a> <a href=\"https:\/\/t.co\/uPdJTka5SE\">pic.twitter.com\/uPdJTka5SE<\/a><\/p>\n<p>\u2014 IntoTheBlock (@intotheblock) <a href=\"https:\/\/twitter.com\/intotheblock\/status\/1674432191286382592?ref_src=twsrc%5Etfw\">June 29, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts suggested that the rapid rise may be linked to traders who hold the asset for less than a month. The number of such investors rose by 33% over the last 30 days.<\/p>\n<p><a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin-cash\">Bitcoin Cash market capitalization<\/a> reached nearly $6 billion, up 33.6% in 24 hours.<\/p>\n<p>In May, the project developers <a href=\"https:\/\/forklog.com\/en\/news\/cashtokens-upgrade-activated-on-the-bitcoin-cash-network\">released<\/a> the CashTokens update, which enables creating digital assets within the network, including fungible and <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">non-fungible tokens<\/a>, as well as DeFi applications based on Bitcoin Cash.<\/p>\n<p>Earlier, Saint Kitts and Nevis Prime Minister Terrence Drew <a href=\"https:\/\/forklog.com\/en\/news\/saint-kitts-and-nevis-prime-minister-signals-possible-legalisation-of-bitcoin-cash\">allowed the legalization of BCH<\/a>. According to him, the cryptocurrency revolution could bring &#8220;huge benefits and opportunities for business&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overnight from June 29 to 30, the price of Bitcoin Cash (BCH) rose by 35% \u2014 from $240 to $325 \u2014 surpassing a 14-month high.<\/p>\n","protected":false},"author":1,"featured_media":81020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[754,1668],"class_list":["post-81019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-cash","tag-course"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81019"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81019\/revisions"}],"predecessor-version":[{"id":81021,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81019\/revisions\/81021"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81020"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}