Bitcoin Cash has achieved an increase of nearly 40%, becoming the best-performing layer-1 asset this year.
#BCH has seen a rise of nearly 40% this year, making it the top-performing layer-1 asset, outperforming #BNB , #Hyperliquid , #Tron , and #XRP . Most major layer-1 networks—including Ethereum, Solana, Avalanche, Cardano, and Polkadot—remain significantly negative, with some dropping by more than 50%.
A Crypto Curio analyst attributes Bitcoin Cash's performance to clean supply dynamics: no token unlocks, no institutional treasury, and no selling from venture capital. With the entire supply already in circulation, selling pressure is limited. This outperformance comes despite Bitcoin Cash lacking an official X account.
Meanwhile, Bitcoin may face a short-term drop before rising, according to trader Michael van de Poppe. He expects Bitcoin’s price to fall toward $87,000 before the upcoming Federal Reserve meeting, breaking past recent lows before rebounding. Any decisive move above $92,000 could pave the way for a rapid rally to $100,000 within a week or two.
However, losing $86,000 could lead to a drop to $80,000, while failing to break $92,000 would invalidate the bullish outlook.
Crypto analyst T, X, M, C notes that Bitcoin's "vitality" indicator—which tracks long-term holder behavior—is rising again. Historically, this pattern signals the early or middle stages of a bull cycle. This increase suggests stronger underlying demand despite weak price action, as older coins begin to move while accumulation remains active.
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Bitcoin Cash has achieved an increase of nearly 40%, becoming the best-performing layer-1 asset this year.
#BCH has seen a rise of nearly 40% this year, making it the top-performing layer-1 asset, outperforming #BNB , #Hyperliquid , #Tron , and #XRP . Most major layer-1 networks—including Ethereum, Solana, Avalanche, Cardano, and Polkadot—remain significantly negative, with some dropping by more than 50%.
A Crypto Curio analyst attributes Bitcoin Cash's performance to clean supply dynamics: no token unlocks, no institutional treasury, and no selling from venture capital. With the entire supply already in circulation, selling pressure is limited. This outperformance comes despite Bitcoin Cash lacking an official X account.
Meanwhile, Bitcoin may face a short-term drop before rising, according to trader Michael van de Poppe. He expects Bitcoin’s price to fall toward $87,000 before the upcoming Federal Reserve meeting, breaking past recent lows before rebounding. Any decisive move above $92,000 could pave the way for a rapid rally to $100,000 within a week or two.
However, losing $86,000 could lead to a drop to $80,000, while failing to break $92,000 would invalidate the bullish outlook.
Crypto analyst T, X, M, C notes that Bitcoin's "vitality" indicator—which tracks long-term holder behavior—is rising again. Historically, this pattern signals the early or middle stages of a bull cycle. This increase suggests stronger underlying demand despite weak price action, as older coins begin to move while accumulation remains active.
$BCH