Gate News Bot Message, February 14th, according to CoinMarketCap data, as of press time, BCH (Bitcoin Cash) is trading at $561.28, up 9.76% in the past 24 hours, with a high of $566.54 and a low of $494.79. The 24-hour trading volume reached $564 million. The current market capitalization is approximately $11.223 billion, an increase of $999 million from yesterday.
Bitcoin Cash is dedicated to providing better money for the global community, featuring no overdraft, no borders, no chargebacks, and no frozen funds. It offers a complete ecosystem support for individuals, exchanges, and developers, including wallet, exchange, and blockchain explorer services.
1️⃣ Leading Mainstream Assets in Year-to-Date Gains
BCH has gained over 38% so far this year, performing outstandingly among mainstream first-layer assets. This strong annual performance reflects ongoing market recognition of its fundamentals and lays a solid foundation for recent price increases.
2️⃣ Technical Breakthroughs Drive Short-Term Uptrend
BCH recently broke through the $487 resistance level and continued upward, stabilizing above $491.80 in subsequent trading, indicating sustained buying support during European trading hours. This technical breakthrough, combined with the current upward trend, confirms increased market participation.
This message is not investment advice. Please be aware of market volatility risks.
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