Bitcoin Cash Left the Top 10 Cryptocurrencies

Bitcoin Cash (BCH) cryptocurrency has suffered losses over the past few days. Today, this coin took off from the top ten largest digital currencies, knocked out of the top Dogecoin (DOGE) rating.

BCH fell to $ 464 in the afternoon. Altcoin capitalization fell to $ 8.66 billion. DOGE, on the contrary, is gaining in value today, altcoin has already risen in price to $ 0.076.

Bitcoin Cash supporters periodically advertise their digital currency and present it as an alternative to Bitcoin. However, interest in this asset remains very weak. Even statements about the growth of transactional activity on the network do not convince the crypto community to buy BCH.

Trader Ali Martinez drew attention to the fact that the “whales” are massively getting rid of Bitcoin Cash back in August last year. The number of investors holding from 10,000 to 100,000 BCH in amounts ranging from $ 3 million to $ 30 million has dropped dramatically in just a few weeks.

Read actual crypto news and forecasts every day on https://news.bxmi.io/

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.