Bitcoin Cash price (BCH) bounced back sharply today after losing more than 100% of value in the last three weeks from this month’s high of $1,800. The selloff was mainly due to a lack of trader confidence in the future fundamentals of the cryptocurrency market. The total cryptocurrency market also fell to $300 billion earlier today but has since climbed back to $325 billion later in the trading.
Traders and investors are showing their concerns over the considerable drop in Bitcoin Cash price despite infrastructural upgrades and improved transaction processing time. Traders were expecting ...
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