Bitcoin Cash Price Slides On Broader Market Selloffs
Bitcoin Cash (BCH) price is down 0. 97% to $213. 40 in 24h, closely tracking a broader market dip and primarily driven by risk-off sentiment and leveraged unwinding across crypto. The entire crypto market cap. . .
Bitcoin Cash (BCH) price is down 0. 97% to $213. 40 in 24h, closely tracking a broader market dip and primarily driven by risk-off sentiment and leveraged unwinding across crypto. The entire crypto market cap fell 1. 35% in 24h, with the Fear & Greed Index at 35. Bitcoin liquidations surged 91. 14% to $150. 34 million, indicating a leveraged unwind. BCH, with a high correlation to Bitcoin, moved in lockstep, down 0. 97% as BTC fell 1. 55%. The drop was not BCH-specific but part of a broader capital outflow and de-risking event. Sustained Bitcoin pressure below $63,800, which could drag BCH lower. BCH is testing a key rising trendline from the June low, currently near $212. 3. The daily pivot point sits at $214. 16. If buying absorbs at this support and BCH reclaims $214. 16, a move toward the next resistance at $219 is plausible. However, a breakdown below $212. 3 could trigger a slide toward the $203–$199 support zone. The structure is at a critical inflexion point, leaning bearish below support. BCH’s decline is a symptom of broader market weakness, with technical structure now testing make-or-break support. #Bitcoin Cash Price Slides on Broader Market SelloffsXRP Tanks on Red Sentiment over U. S. Clarity Act PauseOlu AnisereOlu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development. He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory. Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions. His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set. His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers. Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.