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Bitcoin Cash Drops 3.3% In One Hour, Hits $305 On Binance

The token fell 2.06% over 24 hours, while $30,000 in long positions were liquidated across major exchanges.

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Silver cryptocurrency coin resting on a glass exchange counter / TokenPost.ai
Silver cryptocurrency coin resting on a glass exchange counter / TokenPost.ai

Bitcoin Cash (BCH) fell 3.33% in one hour to $305 at 10:23 a.m. ET (14:23 UTC) Sept. 30, extending its 24-hour decline to 2.06%.

The move was measured on Binance’s spot BCH/USDT market. Bitcoin Cash was trading at $315 one hour earlier, based on exchange prices collected and calculated directly.

Long liquidations totaled $30,000 across Binance, Bybit and OKX during the same hour, while short liquidations totaled $0.

Bitcoin Cash ranked 22nd by market capitalization, with an estimated market value of about $6.21732 billion.

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