Why Bitcoin Cash Is Falling
Why Bitcoin Cash Is Falling
Bitcoin Cash (CRYPTO: BCH) is trading lower by 6.5% to $632.18 Monday morning, despite a lack of coin-specific news for the session. Shares of several altcoins are trading lower amid a drop in the price of Bitcoin.
周一上午比特币现金（加密货币：BCH）交易价格下跌6.5％，至632.18美元，尽管该交易日缺乏特定硬币的消息。在比特币价格下跌的情况下，几种山寨币的股价正在走低。
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.
比特币是领先的加密货币，通常是整个加密货币市场的晴雨表。当比特币的价格下跌时，它通常预示着市场的看跌情绪，这可能导致投资者出于恐惧或不确定性而抛售其他加密货币，包括比特币现金。
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，大多数加密货币交易所还将比特币列为比特币现金的交易对。当比特币的价格下跌时，它会影响交易对的价值。如果交易者预计比特币的价格将更快地恢复，他们可能会出售比特币现金换取比特币，以减轻损失或利用潜在收益。