Key Notes

BCH rejected at $590 resistance despite broader market rally.

Tether to end USDT support on the Bitcoin Cash network by September 1, 2025.

Whale transaction size dropped 72% in a week, signaling risk aversion.

Bitcoin Cash fell 3% on Sunday, August 10, sliding to $561 before staging a partial recovery to $579 by press time. The rejection indicates that BCH failed to reclaim the $600 and hit monthly peaks, similar to the Ethereum, Solana, and Bitcoin markets in recent sessions. Market reports show three key factors behind BCH volatile price trajectory.

First, following an announcement in July , world’s largest stablecoin issuer, Tether is due to USDT support for the Bitcoin Cash network in just 20 days, alongside other low-usage blockchains such as Omni Layer, Kus

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