Yeah. BitcoinCash always follows Bitcoin and its movement is based on that. Many people considered this fork as another part of bitcoin. So there is always hope for bitcoincash, it could record ath f btc can doing well. but you btc fail to increase, then impact would be seen on bch too as if they are related to each others. although altcoins industry always followd bitcoin movement, as normal
Not really, it has good trading volume as it is the fork of bitcoin. This has got it more popularity among the altcoins. However to the hype and the controversy of being the real bitcoin during the time of fork it climbed high in value, but it wasn't able to keep up the growth get continued. It has dependence over the bitcoin market, and nowadays it has been getting used on more fiat based pyramid schemes. I got added to few such groups, on seeing the analysts it is pure scam approach.