BCH’s correlation with BTC has led to a rally in its price If positive conviction remains, the coin’s value can be expected to appreciate even further Due to its statistically significant positive correlation with Bitcoin [BTC], Bitcoin Cash’s [BCH] price has also rallied in the last 24 hours. This, following the decision by the U.S. […]
by the U.S. Department of the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation to restore all customer deposits at failed Silicon Valley Bank .
Still on a rally at press time, BCH’s price had appreciated by 5% in the last 24 hours. At the time, the cryptocurrency was trading atAn assessment of BCH’s price movement on the daily chart revealed that the latest rally was leading up to the commencement of a new bull cycle.
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