Buy Bitcoin Cash (BCH): price and performance

Why buy Bitcoin Cash (BCH)

Consider buying Bitcoin Cash (BCH) because it combines the scarcity of gold, a maximum supply of 21 million coins, and the flexibility of cryptocurrency. It is characterised by very low transaction fees, making it suitable for micropayments. BCH is also used as an incentive for content creators and users of decentralised applications (dApps), and it currently ranks among the top 20 cryptocurrencies in the market.

Another reason to purchase BCH is its founding purpose, which former Facebook engineer Amaury Séchet drove. He aimed to create a more scalable version of Bitcoin that could better handle small transactions.

Price performance of BCH

In 2024, Bitcoin Cash (BCH) experienced a year of strong price fluctuations and significant developments. The key moment was the second halving in April, which reduced the reward per block from 6.25 to 3.125 BCH, initially driving the price above USD 700. However, in the following months, the market experienced a massive correction, with BCH falling below USD 350 by August, marking a drop of almost 55%. Towards the end of the year, the token showed signs of recovery, ending 2024 up 41% and stabilising above USD 100. At the beginning of 2025, forecasts for BCH are mixed: some analysts estimate a price range between USD 375 and USD 800, while others predict fluctuations between USD 266 and USD 490.  

What it is and how it came about 

Bitcoin Cash was created due to a hard fork from Bitcoin, designed to enhance the scalability of its blockchain and position itself as a global payment system. Although achieving this goal has proven challenging, Bitcoin Cash has become the hub for several intriguing blockchain projects. For example, the Simple Ledger Protocol enables developers to create tokens on the Bitcoin Cash blockchain. At the same time, SmartBCH allows Ethereum decentralised applications (DApps) to operate on the BCH network, offering the benefit of lower transaction fees.

Behind the hard fork were a minority of developers, including the well-known Craig Wright, who Roger Keith Ver, a pioneer in cryptocurrencies, backed. Wright was among the first to believe in Bitcoin’s potential; he bought it when it was worth less than a dollar. His vision and knack for spotting opportunities earned Roger Ver the nickname “Bitcoin Jesus.” However, he later chose to support Bitcoin Cash instead of digital gold.

The hard fork was initiated after discussions regarding Bitcoin’s future. While most of the team aimed to keep cryptocurrency as primarily a speculative asset, others advocated for its evolution into a fully functional money exchange system.

In summary, consider purchasing Bitcoin Cash (BCH) because it was the first successful hard fork of Bitcoin. BCH remains stable within the top 20 cryptocurrencies by market capitalisation eight years after its inception.