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Bitcoin Cash drops 5.56% in four hours, extending 24-hour loss to 8.03%

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin Cash drops 5.56% in four hours, extending 24-hour loss to 8.03%

Bitcoin Cash (BCH) experienced a sharp decline, falling 5.56% within four hours to $279 on October 8, extending its 24-hour loss to 8.03%. The price dropped from $295 to $279 during this period, with significant liquidations of $120,000 in long positions on major exchanges like Binance, Bybit, and OKX. This decline reflects increased selling pressure on BCH, signaling potential volatility for investors in the short term.

Bitcoin Cash continues to show weakness on Pluang, trading at Rp4.966.583 as of Oct 09, 2026 00:22 WIB. The 1-day change on Pluang is a decline of 8.53%, slightly more than the 8.03% daily drop noted in the article. Selling dominates the order activity at 94%, indicating strong bearish sentiment among Pluang investors.

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