Published by
Benzinga
Benzinga
Bitcoin Cash (CRYPTO: BCH) has fallen 6.5% to $193.23 over the past week. The popular altcoin has fallen in recent sessions, with a selloff last week sparked amid overall market weakness following weak economic data out of China, which has caused global macro pressures. Additionally, the financial sector last week fell after Fitch said it may be forced to downgrade additional banks. What Else? Bitcoin Cash, as a popular spinoff of Bitcoin (CRYPTO: BTC), is often perceived as a decentralized alternative to traditional financial systems. If news emerges about downgrades in the banking sector, it…