The current cryptocurrency market momentum doesn’t look all that promising. There have been numerous setbacks over the past 24 hours, mainly because of the SEC deciding to delay another Bitcoin ETF verdict. For the Bitcoin Cash price, it has triggered a massive value decline, as the current seems to be heading below $ 600.
Bitcoin Cash Price Crashes Hard
Every single time the Bitcoin price is suffering from a big decline, it is a matter of time until altcoins feel similar pressure. This has been an ongoing trend for quite some time now, and it seems the situation will not improve anytime soon For the Bitcoin Cash price, this latest setback has been a rather steep as, as its value is on the verge of dropping below $ 600.