Bitcoin Cash price tests USD 261 support after broad crypto sell-off
Published on 11/06/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBitcoin Cash tests key support
- Bitcoin Cash fell to around USD 264 on November 6, its lowest level since September 21, according to CryptoTicker.
- The decline followed a broad crypto-market sell-off and more than USD 1 billion in reported liquidations, rather than a Bitcoin Cash-specific trigger.
- Developers are reviewing CHIP-2026-06, a proposal for post-quantum and hybrid signatures, with a possible lock-in date of November 15.
The Bitcoin Cash price fell to around USD 264 on Friday morning, November 6, according to CryptoTicker. The publication reported a 7.4 percent decline over 24 hours and said BCH reached its lowest level since September 21. This is a rolling 24-hour comparison, not a UTC daily close.
Broad market pressure dominates
CryptoTicker described the move as part of a market-wide sell-off rather than a Bitcoin Cash-specific event. The article said Bitcoin Cash was trading below its 200-day moving average near USD 280, while the 100-day average near USD 261 was the next key technical level. A move below that area would put the September low near USD 253 into focus, according to the analysis.
The same source reported more than USD 1 billion in forced liquidations across the crypto market during the preceding 24 hours, citing figures ranging from USD 1.03 billion to USD 1.25 billion from different market reports. CryptoTicker also reported 24-hour BCH trading volume of around USD 227 million, compared with a 30-day average near USD 165 million. Higher volume during a decline can indicate stronger selling activity, but it does not by itself establish the direction of the next move.
Protocol proposal remains pending
Alongside the market weakness, Bitcoin Cash developers are reviewing CHIP-2026-06, a proposal covered by The Quantum Insider. The proposal would introduce the OP_SIGHASH opcode and support a framework for post-quantum and hybrid signatures. The article said the proposal is under active discussion, with a potential lock-in on November 15, 2026, and mainnet activation targeted for May 15, 2027.
The proposed hybrid approach would require both classical and post-quantum checks to succeed. The report said this is intended to provide a migration path while preserving existing address formats and wallet compatibility. The proposal has not been approved, so its potential impact should be treated as a development consideration rather than a completed network upgrade.
Levels investors are watching
For Bitcoin Cash holders, the immediate reference points are the 100-day average near USD 261 and the September low near USD 253. A recovery would first have to reclaim the 200-day average near USD 280, followed by the 50-day average near USD 290, based on CryptoTicker's analysis. These are market reference levels, not forecasts or trading recommendations.
With no verified BCH-specific catalyst identified for the sell-off, the near-term Bitcoin Cash price remains closely tied to broader crypto liquidity, leverage and risk appetite. Further protocol progress could provide a longer-term technology narrative, but the outcome depends on review and approval.
More coverage is available on the Bitcoin Cash topic page.
