- On April 11, Bitcoin Cash experienced a marginal drop of 0.93%, facing a strong consolidation zone with no major price movement despite positive sentiment in the crypto market.
- According to experts, BCH is expected to go for a further dip after the experienced profit-taking among holders after a period of consolidation around major technical levels.
- In the upcoming time, the network is expected to get a new upgrade, called Layla, which will open the door for more complex smart contracts on the network.
Despite a bullish sentiment in the crypto market, the Bitcoin Cash price is struggling to break a long consolidation zone. On April 11, the Bitcoin Cash price witnessed a marginal drop of around 0.93%.
At present, the Bitcoin Cash (BCH) price is trading at around $439.11 with a market capitalization of around $8.79 billion, according to CoinMarketCap. The daily trading volume also plunged by around 19% and currently revolves around $161.49 million.
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