Bitcoin Cash Drops To Below $1,000

Bitcoin Cash Drops To Below $1,000

Bitcoin cash sank more than 12% Wednesday, falling below $1,000 for the first time since April. The fourth-largest cryptocurrency is now trading near $997 per token Iqbal Gandham, the managing director for eToro, says “The Bitcoin Cash network has been displaying some erratic behaviour over the past few weeks, which has contributed to the downwards pressure on prices. Despite a recent surge, it’s now moving towards the head and shoulders pattern we’ve seen since last year.” Bitcoin cash has been accused of misleading investors by using the bitcoin name.
http://www.businessinsider.com/bitcoin-cash-price-falls-below-1000-2018-5
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