Bitcoin Cash ( BCH) has delivered a robust year-to-date performance, climbing from $434 to $600 and establishing itself as the top-performing Layer-One (L1) cryptocurrency based on recent data.

Data shared by analyst Crypto Koryo on December 7 indicates that BCH is the best-performing layer-one asset of the year, with its price increasing from $434 on January 1 to its current trading price of $600. This price surge, representing an over 38% gain, is attributed to a healthy supply dynamic where the entire supply is in circulation with no major selling pressure from foundation or venture capital firm (VC) unlocks. The asset’s current trading price of $600 is reported from global cryptocurrency exchange markets.

The notable price appreciation and low volatility profile of BCH are attracting increased institutional attention, making it a strong candidate for liquid funds seeking crypto exposure and fueling speculation for a potential Exchange-Traded Fund (ETF) in the United States and other key jurisdictions. Its high liquidity and absence of VC dumping position the asset favorably for continued price appreciation, despite the broader crypto market’s mixed performance this year.

Read More: Quantumroot Debuts on Bitcoin Cash: First Post-Quantum Vault on Bitcoin Script

🧭 FAQs

• What was the starting price of bitcoin cash at the beginning of the year? The price of BCH on January 1 was recorded at $434.

• What percentage has the BCH price increased this year? The price of bitcoin cash has increased by over 38% from its starting value to the current trading price of $600.

• What is a key supply-side advantage for bitcoin cash? A key supply-side advantage is that the entire BCH supply is circulating with no expected token unlocks.

• Which institutional catalyst is believed to be driving investor demand? A major driver of demand is the market’s anticipation of a potential BCH Exchange-Traded Fund (ETF).

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。