For our Bitcoin Cash price forecast today, the charts indicate that the price of Bitcoin Cash is surging after a strong month for leading digital asset BTC. In fact, the position of a majority of the top coins in the market surged on the day. The price of Binance Coin and others including the likes of BTC are among the gainers in what has been a strong month for Bitcoin. For our Bitcoin Cash live price, we can see that after a series of fluctuations in the price of Bitcoin Cash, the top asset class has evolved and joined the gainers for the month of April.
Bitcoin Cash Price Prediction: April Was The Third Consecutive Month That The price of Bitcoin Cash and Other Tokens Saw Gains
April is reportedly the third consecutive month that we saw gains in cryptocurrency markets. Their prices surged by a whopping 16.5% adding $24 billion to its total market capitalization. The month of April 2018 saw significant gains for the price of Bitcoin Cash and others just as it was this year.
Bitcoin on its own was the driving force for crypto last April as it managed to break long term resistance. Before pumping past $5,000. The overall market cap entered $168 billion at the close of April peaking at $186 billion as of April 11. Daily volumes have surged $88 billion in the initial rally.
Bitcoin Cash Price Prediction: BTC Always Behind Surges as The Asset Class Leads By The List of Gainers
As of April 2019, Bitcoin surged past $4,100 and moved to $5,650 before pulling back and ending the month at $5,340. The price of BTC gained 30% which was a result BTC closing a monthly candle above resistance. The price of Bitcoin Cash has followed the path of Bitcoin. It appears it is one of the coins to enjoy major gains last month.
Bitcoin Cash Price Prediction: The Price of Bitcoin Cash Also Had an Epic April
Apart from the price of Bitcoin (BTC), the price of Bitcoin Cash (BCH) also had an epic month of April. At the beginning of month the price of Bitcoin Cash started at $168 and ended at $256. It achieved this action before the price of Bitcoin Cash managed to surge above $300 four times. The price of Bitcoin Cash gained 52% on the month making BCH a top performer for the month of April.
One constant thing through the fluctuations and unsustainable crypto bull runs is the price of Bitcoin. Even though the crypto markets recorded impressive gains in April, the leading digital currency Bitcoin was clearly the undisputed leader. The digital asset managed to eat into other altcoins. The first week of last month saw a huge price surge across the board. It is safe to say the Aprils gains are much higher than what has being attained in March so far. For this month so far, the top crypto winners include Bitcoin (BTC), Bitcoin Cash (BCH) and Binance Coin (BNB).
What is the price of Binance coin and Bitcoin Cash?
According to data given by CoinMarketCap, the price of Bitcoin Cash stood at $292.4 at press time. While the price of Binance Coin stood at $23.65.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.