Why Bitcoin Cash Is Moving
Why Bitcoin Cash Is Moving
Bitcoin Cash (CRYPTO: BCH) is trading lower by 5.9% to $591.63 Wednesday, despite a lack of coin-specific news for the session. Shares of several altcoins are trading lower amid Bitcoin falling some 6% over the trailing week.
比特幣現金（加密貨幣：BCH）週三下跌5.9％，至591.63美元，儘管該交易日缺乏特定硬幣的消息。在比特幣在過去一週下跌約6％的情況下，幾種山寨幣的股價走低。
Bitcoin is the leading cryptocurrency and often serves as a barometer for the entire cryptocurrency market. When Bitcoin's price falls, it often signals a bearish sentiment in the market, which can lead investors to sell off other cryptocurrencies, including Bitcoin Cash, out of fear or uncertainty.
比特幣是領先的加密貨幣，通常是整個加密貨幣市場的晴雨表。當比特幣的價格下跌時，它通常預示着市場的看跌情緒，這可能導致投資者出於恐懼或不確定性而拋售其他加密貨幣，包括比特幣現金。
Bitcoin, Ethereum, Dogecoin Dip Amid High Selling Pressure: Analyst Says King Crypto Will Not See Highs 'Unless $69K Breaks'
比特幣、以太坊、狗狗幣在高拋售壓力中下跌：分析師表示，“除非突破69萬美元”，否則King Crypto不會見到高點
Additionally, most cryptocurrency exchanges also list Bitcoin as a trading pair for Bitcoin Cash. When the price of Bitcoin falls, it affects the value of the trading pair. Traders may sell Bitcoin Cash for Bitcoin to mitigate losses or to take advantage of potential gains if they anticipate Bitcoin's price will recover faster.
此外，大多數加密貨幣交易所還將比特幣列爲比特幣現金的交易對。當比特幣的價格下跌時，它會影響交易對的價值。如果交易者預計比特幣的價格將更快地恢復，他們可能會出售比特幣現金換取比特幣，以減輕損失或利用潛在收益。
Bitcoin ETFs Traded $111B In March: 2 New ETFs Could Mean The Action Gets Even Wilder
比特幣ETF在3月份的交易額爲1110億美元：2只新的ETF可能意味着行動變得更加瘋狂