The post Bitcoin Cash Becomes Year’s Best-Performing L1 With 40% Gain appeared on BitcoinEthereumNews.com. Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA) and Polkadot (DOT), remain deep in negative territory for the year, with several down more than 50%. Koryo highlighted that Bitcoin Cash’s strong performance comes despite the project lacking an official X account. The analyst attributed the outperformance to a favorable mix of supply dynamics and new demand catalysts. On the supply side, BCH has no token unlocks, no foundation treasury and no venture-capital overhang, reducing sell-side pressure. The “entire supply is circulating. No unlocks. No foundation, [no] VCs dumping,” Koryo wrote. BCH becomes best performing L1 of the year. Source: Crypto Koryo Related: Three Binance Bitcoin charts point to the direction of BTC’s next big move Bitcoin to dip to $87K before rebounding to $100K Meanwhile, Bitcoin may be headed for a brief pullback before resuming its climb toward six figures, according to trader Michaël van de Poppe. In a Sunday post on X, the analyst outlined a bullish scenario in which BTC dips to around $87,000 ahead of next week’s Federal Reserve meeting, sweeping recent lows before setting the stage for a swift rebound. Van de Poppe expects the uptrend to resume once Bitcoin retests support and pushes through the key $92,000 level, a breakout he believes could open the door to a run toward $100,000 within one to two weeks. He links the outlook to what he sees as a supportive macro backdrop, including reduced quantitative tightening, upcoming rate cuts and an expanding money supply.… The post Bitcoin Cash Becomes Year’s Best-Performing L1 With 40% Gain appeared on BitcoinEthereumNews.com. Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA) and Polkadot (DOT), remain deep in negative territory for the year, with several down more than 50%. Koryo highlighted that Bitcoin Cash’s strong performance comes despite the project lacking an official X account. The analyst attributed the outperformance to a favorable mix of supply dynamics and new demand catalysts. On the supply side, BCH has no token unlocks, no foundation treasury and no venture-capital overhang, reducing sell-side pressure. The “entire supply is circulating. No unlocks. No foundation, [no] VCs dumping,” Koryo wrote. BCH becomes best performing L1 of the year. Source: Crypto Koryo Related: Three Binance Bitcoin charts point to the direction of BTC’s next big move Bitcoin to dip to $87K before rebounding to $100K Meanwhile, Bitcoin may be headed for a brief pullback before resuming its climb toward six figures, according to trader Michaël van de Poppe. In a Sunday post on X, the analyst outlined a bullish scenario in which BTC dips to around $87,000 ahead of next week’s Federal Reserve meeting, sweeping recent lows before setting the stage for a swift rebound. Van de Poppe expects the uptrend to resume once Bitcoin retests support and pushes through the key $92,000 level, a breakout he believes could open the door to a run toward $100,000 within one to two weeks. He links the outlook to what he sees as a supportive macro backdrop, including reduced quantitative tightening, upcoming rate cuts and an expanding money supply.…

Bitcoin Cash Becomes Year’s Best-Performing L1 With 40% Gain

2025/12/08 04:23

Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network.

According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA) and Polkadot (DOT), remain deep in negative territory for the year, with several down more than 50%.

Koryo highlighted that Bitcoin Cash’s strong performance comes despite the project lacking an official X account. The analyst attributed the outperformance to a favorable mix of supply dynamics and new demand catalysts.

On the supply side, BCH has no token unlocks, no foundation treasury and no venture-capital overhang, reducing sell-side pressure. The “entire supply is circulating. No unlocks. No foundation, [no] VCs dumping,” Koryo wrote.

BCH becomes best performing L1 of the year. Source: Crypto Koryo

Related: Three Binance Bitcoin charts point to the direction of BTC’s next big move

Bitcoin to dip to $87K before rebounding to $100K

Meanwhile, Bitcoin may be headed for a brief pullback before resuming its climb toward six figures, according to trader Michaël van de Poppe.

In a Sunday post on X, the analyst outlined a bullish scenario in which BTC dips to around $87,000 ahead of next week’s Federal Reserve meeting, sweeping recent lows before setting the stage for a swift rebound.

Van de Poppe expects the uptrend to resume once Bitcoin retests support and pushes through the key $92,000 level, a breakout he believes could open the door to a run toward $100,000 within one to two weeks. He links the outlook to what he sees as a supportive macro backdrop, including reduced quantitative tightening, upcoming rate cuts and an expanding money supply.

However, he identified two invalidation points, including losing $86,000, which could trigger a move to $80,000, or failing to break and hold above $92,000.

Source: Michaël van de Poppe

Related: Bitcoin buries the tulip myth after 17 years of proven resilience says ETF expert

Bitcoin bull cycle may be intact

As Cointelegraph reported, technical analyst TXMC has noted that Bitcoin’s “liveliness” indicator, a long-term measure of on-chain coin spending versus holding, is climbing again, a pattern historically associated with bull market phases.

The analyst said that liveliness is increasing even as prices remain muted, suggesting stronger underlying demand for spot Bitcoin than current price action reflects. The metric rises when older coins begin moving and falls when long-term holders accumulate.

Magazine: If the crypto bull run is ending… it’s time to buy a Ferrari — Crypto Kid

Source: https://cointelegraph.com/news/bitcoin-cash-40-to-become-best-performing-l1?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
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