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Bitcoin Cash Drops 5.85% in Four Hours, Reaches $259

Bitcoin Cash is down 9.50% over 24 hours, while $620,000 in long positions were liquidated during the latest hour tracked.

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Metal cryptocurrency coin resting beside a sharply tilted market scale / TokenPost.ai
Metal cryptocurrency coin resting beside a sharply tilted market scale / TokenPost.ai

Bitcoin Cash (BCH) fell 5.85% in four hours to $259 as of 8:54 p.m. ET Monday (00:54 UTC Tuesday), extending its 24-hour decline to 9.50%.

The move took BCH from $275 to $259 on Binance’s BCH/USDT spot market. The figures come from TokenPost’s direct collection of exchange prices at the stated time.

Long-position liquidations totaled $620,000 across Binance, Bybit and OKX during the same hour, while short-position liquidations totaled $0. Bitcoin Cash ranked 22nd by market capitalization, with a value of about $5.3379 billion.

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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