Thursday, June 1, 2023
HomeCryptocurrency NewsAltcoin News: Litecoin, Monero, Ripple NewsBitcoin Cash recovered from losses and soared by 34%

Bitcoin Cash recovered from losses and soared by 34%


Bitcoin Cash cryptocurrency is growing on Wednesday with all the major digital assets and has already won back the previously lost base positions.

One of the major failures of the coin was the recent drop in its value below the Ether. But today, the Bitcoin Cash coin is not only growing as the most aggressive of the top ten cryptocurrencies but has already been able to exceed the rate of the ether, which now stands at about $104.

Bitcoin Cash has risen in price for the day by 34% and is now trading at $118, its market capitalization has grown to $2.068 billion.

The main cryptocurrency Bitcoin added almost 10% to $3,857, the market capitalization of the entire cryptocurrency market exceeded $125.56 billion. Now it is difficult to predict the further dynamics of the movement of Bitcoin Cash, taking into account the acute volatility of the market.

But if the positive trend continues at least until Thursday, the coin can rise in price to $120-125.

Some users of social networks are betting not only on Bitcoin Cash as the most promising digital assets, but also on Litecoin and Bitcoin SV, which are now trading at $30.95 and $86.55, respectively.

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