The Bitcoin Cash price continues to record new yearly lows, currently trading within its fifth consecutive session in the red.
The BCH/USD rate has dropped below $120 in the latest sell-off, noting more than 97% depreciation since its all-time high.
Since November 7, when the pair was trading at $638, it has tanked more than 81% in value. In comparison to other cryptocurrencies that also established their yearly lows recently, the price plunge in the Bitcoin Cash market is more severe.

Source: CoinMarketCap.com

Collateral Damage
The reason why investors are finding it difficult to hold

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