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Biggest Movers: BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines

Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which dropped for a fourth straight day.

Bitcoin cash (BCH) surged to a fresh multi-month high on Tuesday, despite sentiment in crypto markets turning bearish. Following a low of $143.19 to start the week, BCH/USD moved to an intraday high of $152.71 in today’s session. As a result of this surge, bitcoin cash moved to its highest point since July 31, which is the last time price was above $150.00.

Polygon (MATIC) was one of last week’s big movers, however it has now fallen for a fourth straight session. MATIC/USD dropped to a bottom at $1.41 on Tuesday, less than a day after price was trading at $1.50. On Saturday, polygon bulls pushed prices deep into overbought territory by leading the token to its strongest point since last April.

Bitcoin Cash Bitcoin Cash $512.70
+4.56%
Bitcoin Cash Polygon
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