Bitcoin Cash [BCH] drops off the bullish cliff; investor sentiments mixed ahead of hard fork


The recent surge seen by Bitcoin Cash [BCH] has come to a complete halt after the bear took control of the cryptocurrency on November 10.

At the time of writing, Bitcoin Cash [BCH] was dropping by a significant 6.92%, with a total market cap of $9.534 billion. The cryptocurrency was trading for $543.41, with a 24-hour market volume of $821.764.

A majority of the cryptocurrency’s market volume was held by OKEx, with a total grasp of $84.592 million. OKEx was closely followed by DigiFinex, with over $67.581 million worth of Bitcoin Cash transactions occurring on the cryptocurrency exchange.

Bitcoin Cash [BCH] 24-hour chart | Source: CoinMarketCap

Bitcoin Cash [BCH] 24-hour chart | Source: CoinMarketCap

Khai42, a Redditor had said:

“The narrative by the anti-BCH crowd was that Bitmain could be insolvent or that they may delay their IPO because they invested too much into BCH. But now with their official filing, their financials are public for all to see. They are extremely healthy financially.”

The drop comes in the wake of Bitcoin…



Read Full Story : AMBCrypto

2018-11-10 09:30:42

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