Bitcoin cash (BCH) has seen the most significant improvement in market liquidity during Q3, making it a potential alternative cryptocurrency for traders anticipating market volatility. Liquidity refers to the market's ability to handle large buy and sell orders at stable prices, and BCH's increased liquidity means lower slippage and easier execution of big orders.
Kaiko's liquidity rankings, based on market depth measures, bid-ask spreads, and volumes from "tradable" exchanges, show that BCH outshone other prominent altcoins and even market leader bitcoin in terms of market liquidity improvement. However, bitcoin remains the most liquid cryptocurrency, validating its status as a safe haven in the crypto market.
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