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Altcoin: analysis of Bitcoin Cash: This is a bit of a difficult period for altcoins. It is enough to mention that since September, Bitcoin’s dominance has risen from 36% to 39%, while Ethereum’s has fallen from 19% to 16%. A similar trend has occurred before, indeed during a bear market, when the price of Bitcoin tends to fall less than altcoins do. While this is true for Ethereum, it is even more true for other cryptocurrencies that have significantly less common and widespread real-world use. For Bitcoin Cash (BCH) the situation looks even worse, because during the 2021 bullrun it failed to approach the all-time high of 2017. From the $3,700 touched five years ago, the price dropped to $77 in 2018, in a true vertical collapse. During 2021, it managed to rise again but only to $1,500, less than half of its December 2017 value. The current value of $110 is not far from the 2018 lows, and is an impressive 97% below the all-time highs. By now it has slipped to 33rd in market capitalization, and the project seems to have no momentum left to try to revive itself. Most likely the incredible spike of 2017, when it went from $300 to $3,700 in just four months, is not only not repeatable, but can also be considered a real anomaly. Perhaps it is better to take as a reference the high of $1,500 touched in 2021, from which the cumulative loss so far is 92%. #Photography #BitcoinCash #NoiseCash

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