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Bitcoin Cash [BCH] Price Analysis: Bulls take charge as BCH becomes highest gainer in top-10


The collective cryptocurrency market has once again switched, with over $1 billion added back and major coins seeing green. Bitcoin Cash [BCH] has emerged as the biggest gainer in a re-shuffled top-10 as it looks to gain its fourth spot back from EOS [EOS] which the latter took earlier in the month.

Bitcoin Cash has surged by over 3.5 percent against the US dollar and is now priced at $117.4 with a market cap of $2.067 billion just under $78 million behind EOS and ahead of Litecoin [LTC] by $44 million.

In terms of exchange domination, L-Bank takes the top spot with a BCH trade volume of $15.63 million or 5.82 percent in the BCH/BTC trading pair. Following up is P2PB2B in the trading pairs BCH/USD, BCH/BTC, and BCH/ETH accounting for 5.74 percent 5.37 percent, and 4.95 percent, respectively.

1-hour:

The coin experienced two-successive downtrends prior to the recent high, the first extended from $120.02 to $117.55, and the next from $116.09 to $111.98. Bitcoin Cash’s uptrend…



Read Full Story : AMBCrypto

2019-02-08 06:30:35

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