BCH (Bitcoin Cash) has risen 3.63% in the last 24 hours.

Gate News Bot message, September 2nd, according to CoinMarketCap data, as of the time of writing, BCH (Bitcoin Cash) is currently priced at 560.65 USD, with a rise of 3.63% in the last 24 hours, reaching a high of 565.08 USD and a low of 525.44 USD. The 24-hour volume has reached 387 million USD. The current market capitalization is approximately 11.168 billion USD, an increase of 392 million USD compared to yesterday.

Bitcoin Cash is a better world currency. It has no overdrafts, no border restrictions, irreversible transactions, and funds cannot be frozen. BCH provides services such as wallets, exchanges, and block explorers for individual users, full node services for mining pools and exchanges, and development tools and full node resources for developers.

Important news about BCH recently:

1️⃣ BCH price skyrockets to $480, volume increases significantly Bitcoin Cash (BCH) price has recently seen a significant rise, breaking through the $480 mark. Meanwhile, the volume of BCH has surged, exceeding the average level by 22%. This phenomenon indicates that market interest in BCH is rapidly warming, which could be one of the main factors driving the current price increase.

2️⃣ Differences Between BCH and BTC Attract Investor Attention With the development of the cryptocurrency market, investors are increasingly paying attention to the differences between Bitcoin Cash (BCH) and Bitcoin (BTC). As a fork of Bitcoin, BCH differs in aspects such as block size and transaction processing speed. These differences may attract some investors seeking faster, low-cost trading solutions, thereby supporting the price performance of BCH.

3️⃣ The BCH ecosystem continues to improve Bitcoin Cash is continuously improving its ecosystem to provide users with more comprehensive services. This includes upgrades to essential infrastructure such as personal wallets, exchange integrations, and block explorers, as well as tools and resources for developers. These advancements help enhance the utility and appeal of BCH, which may be a long-term factor driving its value rise.

From a technical perspective, BCH continued to rise after breaking through 480 USD, currently approaching the 560 USD mark, showing strong upward momentum. However, investors should remain cautious of potential pullback risks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.