RATE Group | Bitcoin Cash down to $228 after continued sell offs
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Bitcoin Cash down to $228 after continued sell offs

09 Oct Bitcoin Cash down to $228 after continued sell offs

Posted at 04:16h in Bitcoin News by

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Crypto is an up and down game—and today’s been a down day for Bitcoin Cash.

In fact, most of the top-20 cryptocurrencies by market cap had small drops in price today, according to data from Messari. Bitcoin is once again back down to trading between $8,100 to $8,200 per coin, despite rising to as high as $8,300 just 24 hours ago. Ethereum remains more or less stable at around the $180 mark.

But Bitcoin Cash has dropped nearly $10 per coin within the last few days, from $236 to now around $228 per coin—a decrease of nearly 2 percent. Any rally BCH manages to pull off has yet to find sustained interest it appears.

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But it’s not all bad news for Bitcoin Cash, which recently found newfound acceptance in South America, thanks, in part, to a new partnership between Mercado Livre and BitPay. This will allow crypto enthusiasts in Brazil to pay with BCH and BTC for goods available through Mercado Livre, one of Latin America’s…

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