I'll prepend this by saying I'm in the UK and I've tried in chrome and safari in case this is a regional or software specific thing.
I no longer see a link to the "cached" version of a search result in google. But I also notice the former trick of searching `cache:URL` in chrome fails, as does going to https://webcache.googleusercontent.com/search directly
You'll get a dialog box with a Cached button, at least on some pages/sites.
Eg site:news.ycombinator.com hacker news
I had better luck on desktop than on mobile.