As the bullish cryptocurrency market momentum continues without any real problems, it quickly becomes apparent not all alternative offerings will be able to follow suit. Bitcoin Cash doesn’t suffer from that problem, as it remains the most bullish market in the top 20. As the current Bitcoin Cash price sits above $250, it will be interesting to see where things head next.
When Bitcoin remains this bullish for several days on end, it is a matter of time until the altcoins come under a lot of pressure. Not because they will note real losses because of dumps, but primarily because their ratio over Bitcoin is struggling so much it can negate the USD-based gains. Bitcoin Cash is one of the few coins which remains incredibly bullish in both USD and BTC terms, which is always interesting to keep an eye on.