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Bitcoin Cash Slides 5.6% in Four Hours to $279, Down 8.03% Daily

Bitcoin Cash traded at $279 at 1:08 p.m. ET (17:08 UTC), while one-hour long liquidations reached $120,000.

By Enna Lee
Published
Mentioned assets
Metallic coin beside a sharply tilted red market marker / TokenPost.ai
Metallic coin beside a sharply tilted red market marker / TokenPost.ai

Bitcoin Cash (BCH) fell 5.56% in four hours to $279 at 1:08 p.m. ET (17:08 UTC) on Oct. 8, extending its 24-hour decline to 8.03%.

The token dropped from $295 to $279 during the four-hour period. The price was $279 on Binance’s BCH/USDT spot market at that time.

One-hour BCH liquidations across Binance, Bybit and OKX totaled $120,000 in long positions and $0 in short positions.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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