Bitcoin Cash jumped 7% on Thursday, leading top 20 cryptocurrencies as geopolitical tensions fuel demand for Bitcoin alternatives. Search interest rose 28% month-to-date, signaling renewed investor appetite.
By Ibrahim Abijade
Editor Marco T. Lanz
Updated
3 mins read
Bitcoin Cash (BCH) price surged 7% on Thursday, June 19, becoming the best-performing asset among the top 20 cryptocurrencies by market cap. The move coincides with an uptick in investor interest: search engine queries for BCH $490.3 24h volatility: 6.3% Market cap: $9.75 B Vol. 24h: $651.80 M have jumped 28% month-to-date, signaling renewed demand amid macro uncertainty.
With global markets reacting to escalating tensions in Eastern Europe and the Middle East, investors are increasingly gravitating toward alternative Bitcoin forks like BCH.
The Bitcoin-forked asset has attracted a strong risk-on bid, particularly as inflation hedges and censorship-resistant assets regain investor favor. BCH Search Trends score rose from 44 to 55 between June 1 and June 19 confirming a 28% increase in BCH-related searches.
Bitcoin Cash (BCH) Search Trends, June 2025 | Source: IntoTheBlock
The IntoTheBlock chart above shows that BCH’s search interest positively correlates with Bitcoin’s BTC $105 478 24h volatility: 0.7% Market cap: $2.10 T Vol. 24h: $18.16 B resilient price performance amid rising geopolitical tensions. This uptick in search volume suggests new market entrants are eyeing BCH.
Combined with a 7% price surge, which saw Bitcoin Cash outperform all other top 20-ranked altcoins on June 19—it suggests a speculative upside narrative may be forming, as investors lean toward Bitcoin-centric assets during periods of global uncertainty.
Bitcoin Cash is trading at $494 at the time of publication, after entering gains in excess of 7% as price crossed the $500 for the first time since January 2025. From a technical standpoint BCH price appears poised for more gains, technical indicators show a breakout from a multi-phase falling wedge pattern.
As seen in the chart below, Bitcoin Cash has completed not one, but three consecutive falling wedge breakouts since its 2024 peak near $720.
Bitcoin Cash Price Forecast | June 19, 2025 | Source: TradingView
Should BCH sustain this breakout with a daily close above the $500 mark, the next leg could see price accelerate toward the projected $1,021 target. This aligns with the measured move from the height of the largest wedge pattern. Momentum indicators support this view, with RSI crossing the 70 mark for the first time since March, indicating strength.
On the downside, failure to hold the $450 breakout level could trigger a brief retracement to the $390 support area, where previous consolidation occurred during wedge formation. However, given the pattern structure and volume profile, bulls currently hold the upper hand.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
