With a market capitalization of about $ 5.53 billion, Bitcoin Cash currently ranks fourth among the most valuable cryptographic currencies. The Altcoin, once a hard bitcoin people has emerged, has long been established among the top 5 crypts. By examining price performance over the last 24 hours, Bitcoin Cash investors can count on the best of the top five.
The price of the BCH has increased by almost three percent. The market leader, Bitcoin, grew by 1.7% over the same period. Ethereum recorded good growth of 2%, a ripple of only 0.9% and Litecoin in fifth place even recorded a price drop of just under 1%.
To date, Bitcoin Cash has significantly outperformed Litecoin after LTC moved ahead of BCH this year. The cushion is currently rising to around $ 930 million and continued to grow on this trading day. Bitcoin Cash raised $ 124 million, while Litecoin lost more than $ 42 million.
The BCH course almost doubled in 2019
In 2019, however, the purchase of LTC on encrypted exchanges was worth more than the acquisition of Bitcoin Cash. Compared to just over $ 162 on January 1 of this year, BCH has soared 90% so far, offering investors an impressive return on investment. However, over the same period, the price of LTC stock has risen by more than 135%.
However, both Altcoins are far from their annual highs. On June 25, Bitcoin Cash peaked at just under $ 485 and has since lost 36% of its value. LTC reached its best level on June 22 with just under $ 142 and has since lost nearly 50%.
Overall, the purchase of both Altcoins has paid off this year, although growth may not follow that of the market leader, Bitcoin, which has even increased this year by 200%. But the year is not over yet. Maybe BCH and LTC are still trying to race the bull.
The prices shown in the article are based on CoinMarketCap cryptocurrency graphs at the time of publication of the article.,
Source: Photo of BeatingBetting