Bch is on a roll, hitting $359.2 with a 10.7% jump in the last 24 hours. 🚀 this spike is pretty lit, and there are a few things that might be pushing it up.

first off, the overall crypto market is buzzing with optimism. bitcoin's been on a tear, breaking $65k, and that's usually a good vibe for bch too. when btc does well, it often pulls other cryptos along for the ride.

another factor could be the easing of selling pressure on bitcoin. reports from bitfinex suggest that btc's selling pressure has eased, and it's rebounding nicely. this could be giving bch some breathing room to rise as traders look for other opportunities.

plus, there's been a lot of chatter about institutional interest in crypto. with big players like grayscale eyeing more tokens and investment products seeing inflows, bch might be catching some of that institutional love.

lastly, the delay in mt. gox repayments might be calming some nerves in the market. less fear of a massive btc sell-off means more confidence across the board.

all in all, bch's rise seems to be a mix of market optimism, reduced selling pressure, and institutional interest. feels like a good time to be in the crypto game! 😎