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Crypto

Bitcoin Cash Price Rebounds on US Treasury Liquidity Surge

Guavy AI Editorial Team
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BTC BCH
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The Bitcoin Cash price has rebounded in recent days, gaining 10.05% over the past day to reach $282.5.

This comes after the US Treasury doubled its bond buyback operations to $4 billion, injecting significant liquidity into financial markets and fueling a surge in demand for risk assets like Bitcoin Cash.

The current price of Bitcoin Cash sits below its short-term averages but above its medium-term level, reflecting high volatility relative to recent sessions.

Momentum indicators favor upside, with a 65% probability of further gains over the next two to three trading days, according to technical analysis.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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