Forums
Talk about anything you want!
Login to get your referral link.
breaking news 🚨: BTC rally stumbles as BCH hits $590 resistance, TETHER to cut USDT use on BCH by 2025
wait why is BCH struggling at $590🧐 and why is TETHER being a party pooper with USDT on Bitcoin Cash till 202
btc rally failed to lift resistance over 10 days:
– BCH resistance at $590 highlights lack of bullish momentum in altcoins.
– Tether
Key notes 📝:
– BCH resisted at $590 despite a market rally.
– TETHER to stop USDT use on Bitcoin Cash by Sept 1, 2025.
– Whale transactions’ size fell 72% in a week due to risk aversion.
Bitcoin Cash declined to $561, then partially recovered to $579, failing to break $600. This rejection reflects challenges faced by BCH in the current market alongside Ethereum, Solana, and Bitcoin.
Tether’s move to end USDT usage on BCH may weaken its role in stablecoin markets, affecting demand. Business investors are already cautious about this change.
3 reasons why the BTC rally failed to lift the resistance over 10 days
4
Voices
3
Replies