bitcoin cash price drops 21 %

Bitcoin cash is not alone in regressing for the week. Among the cryptocurrencies with the 10 largest market caps, only bitcoin and Ripple have posted a 7-day price increase. However, bitcoin cash’s 21% retreat has outpaced that of every other top-tier coin–and by a considerable margin.

A week ago, the bitcoin cash price was trading at $457. It gradually declined throughout the week, dropping below the $400 threshold on October 3. Since breaking below that barrier, the bitcoin cash price took an even steeper downturn, falling to a global average of $357 at the time of writing. That said, bitcoin cash has more support on Korean exchanges, where it is trading as high as $366.