Bitcoin Cash Slips 11% as Crypto Market Starts Week with $6 Billion Loss

The light at the end of the tunnel could be a train. The saying fits Bitcoin Cash ABC whose market capitalization established a weekly high at $2.36 billion on January 24. But, at the start of this week, the cryptocurrency’s cap fell to as low as $1.94 billion. Key Support Range Broken At 1354 UTC, the BCH/USD pair was trading at 110.81, down 11% on a 24-hour adjusted timeframe, according to data aggregator CoinMarketCap.com. The service also highlighted that traders exchanged large hands between Bitcoin Cash and Bitcoin on LBank and P2PB2b – both of them unregulated. According to charts

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from Altcoin News – CCN http://bit.ly/2MAe29l