Bitcoin Cash Leads Altcoin Rally with 3% Jump to $476

Bitcoin Cash surged 3% in the past 24 hours to trade at $476.28, leading cryptocurrency gains as the broader digital asset market responds to Bitcoin's renewed push toward record highs. The rally extends Bitcoin Cash's multi-week uptrend that began April 7, with the altcoin consistently posting higher highs and higher lows in what technical analysts describe as sustained bullish momentum.

What to Know:

• Bitcoin Cash has gained 3% in 24 hours, becoming the top performer among major cryptocurrencies during the current market rally • The cryptocurrency has maintained a steady uptrend since April 7, trading above key technical support levels that indicate continued bullish sentiment • Bitcoin Cash faces a critical resistance level at $490.89, with a potential breakout targeting $556.60 based on technical analysis

Market Dynamics Drive Cryptocurrency Gains

The surge in Bitcoin Cash coincides with Bitcoin's latest attempt to reclaim its all-time high of $111,968. Bitcoin briefly traded above $108,000 on Monday, reigniting bullish sentiment across the broader cryptocurrency market and lifting alternative digital assets.