Bitcoin Cash (CRYPTO: BCH) is rallying Friday as Bitcoin (CRYPTO: BTC) snaps back from late-Thursday weakness, reigniting risk appetite across crypto markets.

Bitcoin ripped higher on the day, up about 12% to reclaim the $70,000 level, setting a decisively risk-on tone that’s lifting high-beta names like BCH alongside the broader rebound.

Here’s what investors need to know.

Why A Rising Bitcoin Price Lifts Bitcoin Cash

In the same way Bitcoin’s snapback tends to pull traders back into higher-beta assets after a shakeout, the renewed bid in Bitcoin is acting like a green light for opportunistic rotation into liquid altcoins such as Bitcoin Cash.

Bitcoin still functions as crypto’s macro…

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