The BCH price have soared extremely - outperformed Bitcoin itself.

[Sophie Robert]

Recently, attention has been focused on the hard forks of Bitcoin, Bitcoin Cash, and Bitcoin SV that split off from the main chain. In the last seven days, the prices of BCH and BSV have skyrocketed, outperforming Bitcoin itself.

BCH is the top Crypto of the week as it gains more than 80% in its value within a week.

What triggered the rally, and what does the upswing signify?

• The SEC has accused Binance and Coinbase of violating US rules and regulations, which sent the markets into a sharp decline. In addition, the price had a significant increase when industry heavyweights like BlackRock, Invesco, WisdonTree, etc. arrived. On the list of top gainers, Bitcoin Cash (BCH) is one of the top 5 cryptocurrencies.
• Another reason being, emergence of China back into the crypto space.

My Question to the community - Will the BitcoinCash price continue to surge and cross the $250 mark soon?

[bitmover]

My Question to the community - Will the BitcoinCash price continue to surge and cross the $250 mark soon?

I don't think BCH or BSV have any value.

I am in this ecosystem since the Fork in 2017, and BCH is losing a lot of value since then. BCH used to be worth 1/10 btc, which would be more than 4000 now...

Personally, I will stay away from those forks.

I think Ethereum Classic is a much more legit fork. (comparing forks)