Volatility in the Crypto Market and Fluctuations in BCH Price

The volatile nature of the cryptocurrency market can lead to significant value losses for altcoins. There is particular concern that some altcoins could drop to the $400 level. The cryptocurrency platform Coinbase has filed with the U.S. Commodities Futures Trading Commission (CFTC) for three important altcoins. If these altcoins are introduced as derivative products on April 1, they will also be exempt from SEC scrutiny. BCH Price Dynamics Bitcoin Cash (BCH) garnered attention with its price below $500, suddenly jumping to $553, sparking excitement among investors. In a bear market, BCH fell to as low as $87, but made a significant comeback, gaining over 500% in value. At the time of writing, the price of BCH had increased by 10% to around $530. In contrast, Bitcoin is still showing weak performance. BCH Price Predictions Bitcoin Cash’s 30-day MVRV ratio is around 10% and rising, considered a strong sell signal. If […]

Volatility in the Crypto Market and Fluctuations in BCH Price

The volatile nature of the cryptocurrency market can lead to significant value losses for altcoins. There is particular concern that some altcoins could drop to the $400 level. The cryptocurrency platform Coinbase has filed with the U.S. Commodities Futures Trading Commission (CFTC) for three important altcoins. If these altcoins are introduced as derivative products on April 1, they will also be exempt from SEC scrutiny.

BCH Price Dynamics

Bitcoin Cash (BCH) garnered attention with its price below $500, suddenly jumping to $553, sparking excitement among investors. In a bear market, BCH fell to as low as $87, but made a significant comeback, gaining over 500% in value. At the time of writing, the price of BCH had increased by 10% to around $530. In contrast, Bitcoin is still showing weak performance.

BCH Price Predictions

Bitcoin Cash’s 30-day MVRV ratio is around 10% and rising, considered a strong sell signal. If selling commences, the BCH price could quickly drop to $501 and $448. April 1 is seen as a significant turning point in the news flow. If the CFTC does not object, the introduction of BCH as a derivative product could make it a reliable option for other investors.

In the crypto world, especially in light of the SEC’s strict stance, investors are beginning to turn to alternatives that offer more favorable conditions, such as those from the CFTC. This demonstrates that, at a time when major exchanges like Coinbase and Binance are grappling with legal issues, investors can explore their trust in different directions.

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how to buy crypto?
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