Out of the 7 instruments in the top cryptos asset class, bitcoin cash ended up ranking 2nd for the day in terms of price change relative to the previous day.
This is a reversal of the price action on the previous hour, in which price moved up.
Relative to other instruments in the top cryptos asset class, bitcoin cash ranked 5th since the day prior in terms of percentage price change.
Relative to other instruments in the top cryptos asset class, bitcoin cash ranked 4th since yesterday in terms of percentage price change.
The change in price came along side change in volume that was up 37.12% from previous day, but down 13.75% from the monday of last week.
For another vantage point, consider that bitcoin cash’s price has gone down 18 of the previous 30 trading days.
It would be like bitcoin cash to bitcoin right?
This move is a reversal from the hour prior, which saw price move down.
That’s not innovative.
The price move occurred on volume that was down 27.86% from the day prior, but up 5.12% from the same day the week before.