Cherry angiomas are benign prolieration of blood vessels and do not develop into cancer. They usually do not bleed easily unless thay are traumatized. It is also unusual for cherry angiomas to be painful when pressed.
Another cause of a vascular bump that bleeds easily is a pyogenic granuloma. This may develop following trauma to the skin.
Cherry angiomas usually do not require treatment. However, if it continues to bleed and is painful, you should consider visiting your dermatologist or doctor to get it checked out. They can easily be removed by electrosurgical ablation.
