Bitcoin Cash has experienced a 30% increase in volume this Monday, although falling 1.2% in value and open interest up 2.26% over the last 24 hours.
This suggests that investors are reducing their exposure to leverage, according to Akashnath S in Ambcrypto.
Previously, it was reported that the Cash 3.0 conference did not provide enough of a boost to Bitcoin Cash upward. The long-term trend remains bearish and the resistance zone between $250 and $280 is still intact.
$BTC
This suggests that investors are reducing their exposure to leverage, according to Akashnath S in Ambcrypto.
Previously, it was reported that the Cash 3.0 conference did not provide enough of a boost to Bitcoin Cash upward. The long-term trend remains bearish and the resistance zone between $250 and $280 is still intact.
$BTC