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Bitcoin Cash price drops 3% in one hour amid $50K long liquidations

Market News
23 Sep 2026
Tokenpost
View Source
Bearish
Bitcoin Cash price drops 3% in one hour amid $50K long liquidations

Bitcoin Cash (BCH) experienced a sharp 3.02% price drop within one hour, falling from $364 to $353 on September 23. This decline was accompanied by $50,000 in long position liquidations across major exchanges Binance, Bybit, and OKX, indicating significant selling pressure. BCH remains the 21st largest cryptocurrency by market capitalization, valued at around $7.04 billion. The quick price movement highlights volatility in the crypto market and may impact trader strategies going forward.

As of Sep 23, 2026 18:31 WIB, Bitcoin Cash (BCH) trades at Rp6.271.626 on Pluang, showing a strong 1-day gain of 29.79%. Despite the article's note of a 3.02% drop in USD within one hour, BCH's market cap on Pluang stands at Rp124,1 trillion with a 24-hour trading volume of Rp31,92 trillion. The platform data also shows a higher sell order activity at 63%, while typical holding time is 68 days, indicating active trading behavior.

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