Bitcoin Cash Tumbles as Bearish Sentiment Grips Crypto Market
The cryptocurrency market has seen a significant downturn in recent trading sessions, with Bitcoin Cash (BCH) being one of the hardest-hit assets. On February 24, 2025, BCH price dropped over 10% to $481 as bears took control of the market.
The decline is attributed to a combination of macroeconomic factors, including fresh tariff threats from US President Donald Trump and geopolitical uncertainty. This has led to risk-off sentiment among investors, causing them to seek safer assets and avoid volatile cryptocurrencies like BCH.
Tightening liquidity and elevated liquidations have also contributed to the bearish momentum, suppressing crypto bids and leading to huge outflows from digital asset investment products.