Bitcoin Cash price drops 7.4 percent to $264, its lowest level since September 21

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin Cash has fallen to around $264, its lowest level since September 21, and is now holding only the 100-day line at $261. The decline follows a sell-off across the entire crypto market, amplified by liquidations of more than $1 billion.Bitcoin Cash falls to its lowest level since September 21.Add as a preferred source on GoogleFollow on Google NewsThe Bitcoin Cash price fell to around $264 on Friday morning. That is 7.4 percent lower than 24 hours earlier and the lowest daily level since September 21. BCH now sits just three dollars above its 100-day line at around $261, the last of the three widely watched moving averages the coin has not yet broken. There is no trigger specific to Bitcoin Cash: the decline follows a broad sell-off across the crypto market, although BCH gave up more ground than Bitcoin. For investors, the question is therefore less about news from the project and more about their own risk. Anyone trading with leverage needs to know their liquidation price....