{"id":68698,"date":"2026-02-24T13:39:03","date_gmt":"2026-02-24T13:39:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-cash-extends-losses-dumps-10-amid-btc-sell-off\/"},"modified":"2026-02-24T13:39:03","modified_gmt":"2026-02-24T13:39:03","slug":"bitcoin-cash-extends-losses-dumps-10-amid-btc-sell-off","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-cash-extends-losses-dumps-10-amid-btc-sell-off\/","title":{"rendered":"Bitcoin Cash extends losses, dumps 10% amid BTC sell-off"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/investor-checking-falling-market-chart-on-phone-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/investor-checking-falling-market-chart-on-phone-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/investor-checking-falling-market-chart-on-phone-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/investor-checking-falling-market-chart-on-phone-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin Cash price dropped more than 10% as bears hit the crypto market on Tuesday.<\/li>\n<li>The altcoin fell to lows of $481 and risked further losses amid Bitcoin weakness.<\/li>\n<li>Analysts say demand recovery could help bulls bounce.<\/li>\n<\/ul>\n<p>Bitcoin Cash price has extended its downward trajectory, shedding more than 10% in value over the past 24 hours to touch lows of $481 in early trading on February 24, 2025.<\/p>\n<p>The declines come as bearish sentiment grips the broader cryptocurrency market, with top coins plunging alongside <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-drops-to-62800-as-tariffs-etf-outflows-pressure-crypto-market\/\">Bitcoin\u2019s fall below $63,000<\/a>.<\/p>\n<p>While some analysts note that the market could see a potential for a short-term recovery, prevailing headwinds favour sellers.<\/p>\n<p>Other altcoins, including Ethereum, XRP, and BNB, have also marked steep declines as negative sentiment dominates.<\/p>\n<h2>BCH drops amid macro and geopolitical headwinds<\/h2>\n<p>Fresh tariff threats from US President Donald Trump, following a recent Supreme Court ruling on Trump\u2019s 2025 tariffs, have triggered risk-off sentiment.<\/p>\n<p>This has been compounded by other factors, including geopolitical uncertainty, which has prompted investors to seek safer assets and steer clear of volatile cryptocurrencies.<\/p>\n<p>Weak sentiment has, in turn, suppressed crypto bids and contributed to huge outflows from digital asset investment products.<\/p>\n<p>Tightening liquidity and elevated liquidations have further weighed on risk appetite, capping Bitcoin\u2019s rebound.<\/p>\n<p>The dump to lows of $62,700 for BTC accelerated losses for Bitcoin Cash amid this outlook, with bears showing greater appetite as daily volume jumped 46% to over $545 million.<\/p>\n<p>Analysts say the macroeconomic picture and potential escalation in US-Iran tensions could cue further losses.<\/p>\n<p>However, resolutions in favour of bulls will help cut the impact of the correction.<\/p>\n<h2>Bitcoin Cash price analysis<\/h2>\n<p>As noted, Bitcoin Cash traded as low as $481 on February 24, slipping by double digits in 24 hours as sellers pulled prices from highs of $570.<\/p>\n<p>The fresh selling that has driven BCH below $500 aligns with technical indicators that paint a mostly bearish picture.<\/p>\n<figure id=\"attachment_362006\" aria-describedby=\"caption-attachment-362006\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-362006\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/bitcoin-cash-bch-chart.png\" alt=\"Bitcoin Cash Price Chart\" width=\"1057\" height=\"609\"\/><figcaption id=\"caption-attachment-362006\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BCHUSD\/\" target=\"_blank\" rel=\"noopener\">Bitcoin Cash price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Bitcoin Cash\u2019s recent declines have pushed the 50-day moving average toward the 200-day moving average, outlining a possible death cross pattern.<\/p>\n<p>Increased losses and confirmation will come with intensified bearish momentum.<\/p>\n<p>Meanwhile, the RSI and MACD indicators are also slipping lower, signaling bearish control.<\/p>\n<p>According to <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/2026212848175558954\" target=\"_blank\" rel=\"noopener\">CryptoQuant<\/a>, Bitcoin\u2019s slide from near $68k to under $63k coincides with the Coinbase Premium Index (SMA 30) rejecting downward.<\/p>\n<p>The index gauges price premium on Coinbase versus global exchanges, and its downtrend for over a month suggests US selling pressure remains.<\/p>\n<p>Failure to recover in the latest sessions highlights continued institutional hesitation.<\/p>\n<p>Analysts at Bitfinex also share a similar outlook.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> can bounce on positioning, but it rallies on spot demand.<\/p>\n<p>CVD implies roughly $2.5B of net market sells since Feb 20 across centralised exchanges. That is not \u201cone bad actor\u201d, it is broad distribution.<\/p>\n<p>Until that slows, breakouts often fade. <a href=\"https:\/\/t.co\/sR3vfvaZVi\">pic.twitter.com\/sR3vfvaZVi<\/a><\/p>\n<p>\u2014 Bitfinex (@bitfinex) <a href=\"https:\/\/twitter.com\/bitfinex\/status\/2026210532282298670?ref_src=twsrc%5Etfw\">February 24, 2026<\/a><\/p>\n<\/blockquote>\n<p>If Bitcoin drops to $50k or lower, a cascade of sell-off pressure will exacerbate BCH\u2019s losses.<\/p>\n<p>In the short term, BCH faces continued selling toward $425 and possibly $378.<\/p>\n<p>On the upside, initial resistance is at the $500 mark, and then the moving average levels.<\/p>\n<p>Currently, the 50-day and 200-day MA are converging near $560-$566.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-cash-extends-losses-dumps-10-amid-btc-sell-off\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin Cash price dropped more than 10% as bears hit the crypto market on Tuesday. The altcoin fell to lows of $481 and risked further losses amid Bitcoin weakness. Analysts say demand recovery could help bulls bounce. Bitcoin Cash price has [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68698"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68698"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68699"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}