Why Bitcoin Cash Is Falling Tuesday
Why Bitcoin Cash Is Falling Tuesday
Bitcoin Cash, closely tied to Bitcoin's market Bitcoin Cash (CRYPTO: BCH), a cryptocurrency stemming from a 2017 Bitcoin fork, traded lower by 2.9% to $483.68 during Tuesday's session as Bitcoin's price slipped from its recent highs, dampening bullish sentiment across the crypto market.
比特币现金（CRYPTO: BCH）是2017年比特币分叉而来的一种数字货币，在周二的交易中下跌了2.9%，至483.68美元，因为比特币的价格从最近的高点下滑，抑制了整个加密货币市场的看好情绪。
What To Know: Bitcoin, the industry's flagship asset, was trading at $93,000 as of 11:00am EST retreating after nearing the $100,000 milestone. This resistance level has emerged as a critical psychological and technical barrier.
了解这些：比特币，该行业的旗舰资产，在美国东部时间上午11:00交易至93,000美元，接近10万美元里程碑后出现回落。此支撑位水平已经成为一个关键的心理和技术障碍。
The broader cryptocurrency market reflected this slowdown, with Bitcoin-related equities also tumbling in pre-market trading. Analysts are signaling caution, citing overextended bullish sentiment and waning momentum. A prominent trader predicted that if Bitcoin fails to surpass $100,000, a correction to $85,600 could follow.
更广泛的数字货币市场反映了这种放缓，与之相关的比特币股票在美股盘前交易中也大幅下滑。分析师发出警告，指出看多情绪已经过度，势头也减弱。一位知名交易员预测，如果比特币未能突破10万美元，可能会下跌至85,600美元。
Bitcoin Cash, closely tied to Bitcoin's market trends, could face headwinds throughout Tuesday's session as the overall market cools, underscoring its susceptibility to Bitcoin's price movements.
比特币现金与比特币的市场走势密切相关，可能会在周二的交易中面临阻力，因为整个市场降温，凸显其对比特币价格波动的敏感性。
Read Also: Michael Saylor's MicroStrategy Convertible Notes To Buy Bitcoin Offer No Interest, So Why Are Investors Rushing To Buy Them?
阅读更多：迈克尔·塞勒的microstrategy可转换票据用于买入比特币，没有利息，那么为什么投资者纷纷涌向购买？
