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Bitcoin News Today: Bitcoin Cash Faces $570-571 Resistance: Will Network Upgrades and ETF Optimism Spark a 2025 Rally?

Bitcoin News Today: Bitcoin Cash Faces $570-571 Resistance: Will Network Upgrades and ETF Optimism Spark a 2025 Rally?

Bitget-RWA2025/10/30 04:04
By:Bitget-RWA

- Bitcoin Cash (BCH) rebounded to $565 after October's $500 low, driven by 45.8% higher trading volume and protocol upgrades enhancing smart contract capabilities. - May 2025 upgrades including expanded VM limits and BigInt position BCH as a low-cost Ethereum alternative, while Grayscale's ETF filing signals growing institutional interest. - Price faces critical $570-571 resistance despite 3.5% volatility narrowing, with November's Electronic Cash Conference and potential 2026 block time reduction key exec

In recent weeks, Bitcoin Cash (BCH) has begun to recover, drawing the attention of traders and analysts as it approaches significant resistance points. After dipping below $500 in mid-October, BCH has climbed back to around $565, fueled by higher trading activity and protocol enhancements that could make it a strong contender for investment in 2025.

The most recent movement saw

gain more than 1% over the last day, testing a downward trendline that links the October high to a peak in September. Trading activity jumped 45.8% above its 30-day average, indicating renewed enthusiasm even as the price was pushed back at the $570-571 resistance area. Experts suggest that a decisive move above this barrier could confirm a bullish path, though significant resistance still lies ahead. The token’s price fluctuations have narrowed to a $19.75 band (3.5%), with support found around $551-555 and major resistance at $570-571.

Bitcoin News Today: Bitcoin Cash Faces $570-571 Resistance: Will Network Upgrades and ETF Optimism Spark a 2025 Rally? image 0

At the same time, Bitcoin Cash’s technical development has gained momentum, with developers rolling out important upgrades scheduled for May 2025, such as increased virtual machine (VM) limits and support for arbitrary-precision arithmetic (BigInt). These improvements allow for more advanced smart contracts and precise calculations, making BCH a cost-effective alternative to

for DeFi projects. Additional updates, including parallel block downloads and ABLA enhancements, have made node syncing faster and startup times shorter, boosting the network’s overall performance.

Interest from institutions is also growing. In September 2025, Grayscale Investments submitted an application for a

ETF, aiming to draw institutional investors to the asset. Although the U.S. Securities and Exchange Commission (SEC) has not yet approved ETFs beyond BTC and ETH, this move signals rising confidence in BCH’s future. The tokenized real-world assets (RWA) sector, now worth $34 billion, has seen BCH capture $515 million, ranking behind Ethereum but ahead of networks like XRP Ledger.

Sentiment in the market is divided. On-chain metrics show subdued network activity even as large holders accumulate, with the Fear & Greed Index sitting at 33, reflecting a cautious mood. Online discussions are split between optimistic analysts forecasting a breakout above $600 and skeptics warning of exaggerated selloffs. A pivotal moment is expected in November, when developers will present updates at the Electronic Cash Conference, which could significantly influence BCH’s future direction.

Looking ahead to 2025, BCH’s outlook will depend on broader economic trends and the successful rollout of its technical improvements. A proposed reduction in block time from 10 minutes to 2 minutes, set for debate in early 2026, could boost transaction speeds and help BCH compete with faster blockchains like

. However, potential setbacks include delays and difficulties in coordinating among miners.

As the crypto market consolidates, Bitcoin Cash’s combination of low transaction costs, smart contract functionality, and growing institutional interest makes it an attractive option for those looking to invest in a specialized but developing asset. Whether BCH can surpass the $570-571 resistance and maintain its momentum will be key in shaping its place in the 2025 cryptocurrency landscape.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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