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.
The reason why investors are finding it difficult to hold
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