{"id":869055,"date":"2025-08-30T00:15:00","date_gmt":"2025-08-30T05:15:00","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/30\/bch-stumbles-at-467-after-triple-rejection-ends-slightly-down-despite-high-volume-rebound\/"},"modified":"2025-08-30T00:15:00","modified_gmt":"2025-08-30T05:15:00","slug":"bch-stumbles-at-467-after-triple-rejection-ends-slightly-down-despite-high-volume-rebound","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/30\/bch-stumbles-at-467-after-triple-rejection-ends-slightly-down-despite-high-volume-rebound\/","title":{"rendered":"BCH Stumbles at $467 After Triple Rejection, Ends Slightly Down Despite High-Volume Rebound"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>Bitcoins BCH Stumbles at $467 After Triple Rejection, Ends Slightly Down Despite High-Volume Rebound<\/h2>\n<h2>Bitcoins Bitcoin Cash dipped to $452.13 after repeated failures to break $467, with volume-driven rebounds unable to sustain momentum amid macro and regulatory volatility.<\/p>\n<\/h2>\n<p><span class> Jun 24, 2025, 7:09\u202fp.m. <\/span><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>Bitcoin Cash <span data-submodule-name=\"price-chip\" data-submodule-version=\"1.0.0\" data-submodule-instance=\"default\"><a href=\"http:\/\/www.coindesk.com\/price\/bitcoin-cash\"><span><span><span>BCH<\/span><span><svg fill=\"none\" height=\"24\" viewBox=\"0 0 24 24\" width=\"24\"><path d=\"M15.79 11.71L13.2 14.3C12.81 14.69 12.18 14.69 11.79 14.3L9.19995 11.71C8.56995 11.08 9.00995 10 9.89995 10H15.09C15.98 10 16.42 11.08 15.79 11.71Z\" fill=\"#BB020A\" \/><\/svg><\/span><span>$531.26<\/span><\/span><\/span><\/a><\/span> {{BCH}} is trading at $452.13, down 0.54% over the past 24 hours, after failing to breach the $467 resistance level across multiple tests, according to CoinDesk Research&#8217;s technical analysis model. <\/p>\n<p>The token briefly surged near that level late on June 23, gaining nearly 3% during a high-volume spike, but was subsequently rejected twice more, reinforcing the significance of that barrier. A descending trendline formed during the corrective pullback, with lower highs establishing a bearish short-term tone.<\/p>\n<p>On the regulatory front, Federal Reserve Chair Jerome Powell announced that U.S. banks now have the freedom to determine their digital asset customer base without prior regulatory pre-approval. This policy shift effectively removes institutional adoption barriers and is considered a meaningful step toward greater integration of crypto within the traditional financial system.<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>BCH traded in a $19.76 range (4.4%) from $449.61 to $469.63 over 24 hours.<\/li>\n<li>At 22:00 on June 23, BCH surged nearly 3% on 79,485 volume units, setting resistance at $467.<\/li>\n<li>The $467 level was tested and rejected two more times, confirming strong overhead resistance.<\/li>\n<li>Support formed around $450 with significant volume accumulation between 15:00\u201316:00.<\/li>\n<li>A descending trendline of lower highs emerged following the initial spike, signaling bearish momentum.<\/li>\n<li>A V-shaped micro-trend formed during the final hour, with a bounce from $449.94 to $451.31.<\/li>\n<li>Volume spiked during the 18:17\u201318:19 drop and again on the 18:30\u201318:32 recovery.<\/li>\n<li>A short-term support zone developed near $450 after repeated successful retests.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"http:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"http:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>More For You<\/p>\n<div>\n<p>Flare Lands Second Public Company For its XRP DeFi Framework<\/p>\n<figure><img loading=\"lazy\" title=\"bitcoins\" alt=\"bitcoins Rolls of dollar bills of varying denominations. (NikolayFrolochkin\/Pixabay)\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\"  src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fc25396a27055868f2f28de71feb490d3f744c007-1280x853.jpg%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<p>Combined with Firelight, Flare\u2019s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.<\/p>\n<div>\n<p>What to know: <\/p>\n<div>\n<ul>\n<li>Everything Blockchain Inc. has signed a memorandum of understanding to adopt Flare&#8217;s XRPFi framework for corporate treasury yield.<\/li>\n<li>Flare&#8217;s system aims to transform XRP into a productive asset for institutions through its FAssets system and Firelight restaking layer.<\/li>\n<li>The adoption by two public companies, including VivoPower International, signals a shift in how digital assets like XRP are utilized by institutions.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.coindesk.com\/markets\/2025\/08\/29\/flare-lands-second-public-company-for-its-xrp-defi-framework\">Read full story<svg width=\"21\" height=\"21\" viewBox=\"0 0 21 21\" fill=\"none\"><mask id=\"mask0_2473_9121\" style=\"mask-type:alpha\" maskUnits=\"userSpaceOnUse\" x=\"0\" y=\"0\" width=\"21\" height=\"21\"><rect x=\"0.5\" y=\"0.500366\" width=\"20\" height=\"20\" fill=\"#D9D9D9\" \/><\/mask><g mask=\"url(#mask0_2473_9121)\"><path d=\"M12.0385 15.2119L11.1602 14.3081L14.3429 11.1254H4.25V9.8754H14.3429L11.1602 6.69269L12.0385 5.78894L16.75 10.5004L12.0385 15.2119Z\" fill=\"#262626\" \/><\/g><\/svg><\/a><\/p>\n<\/div>\n<\/div>\n<p> Siamak Masnavi <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/24\/bch-stumbles-at-usd467-after-triple-rejection-ends-slightly-down-despite-high-volume-rebound\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BCH Stumbles at $467 After Triple Rejection, Ends Slightly Down Despite High-Volume Rebound Bitcoin Cash dipped to $452.13 after repeated failures to break $467, with volume-driven rebounds unable to sustain momentum amid macro and regulatory volatility. Jun 24, 2025, 7:09\u202fp.m. Bitcoin Cash BCH $531.26 {{BCH}} is trading at $452.13, down 0.54% over the past 24<\/p>\n","protected":false},"author":1,"featured_media":869056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[168,22795],"tags":[11476],"class_list":{"0":"post-869055","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-after","8":"category-stumbles","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/869055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=869055"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/869055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/869056"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=869055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=869055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=869055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}