The government of United States is the bitcoin news today – this time for the emergence of a new trend that is focused around ‘fake’ bomb threat emails that demand Bitcoin from organizations within the country.

Following up on our altcoin news, Bitcoin Cash is in the red zone again dropping more than 15 percent and reaching a price of $79.

All of the price indexes show a negative sentiment on the market with bitcoin declining about 4 percent over the past 24 hours. The BTC/USD pair failed to remain at the support level at $3,200 and is now hovering over the $3,300 support level.

Many crypto enthusiasts believe that Bitcoin will perform a huge U-turn and that it will lead to a perfect buying opportunity of the year for most affordable prices.

Bitcoin Cash, on the other hand, continued to lose against the USD more than any other cryptocurrency did, especially those in the top 20 crypto assets. This has now become a common thing for BCH traders since the hashrate war between the two BCH camps is still going on continuously.

Since the hard fork, BSV has started inverse BTC trading thus gaining when other assets drop but this also goes the other way around. BCH is one of the biggest losers as of today shedding a huge chunk of its market cap dropping below the USD price of Ethereum for the first time ever dropping by 13 percent in a day.

Between the BCH and BSV are only $125 million market cap.

If we take a look at the other cryptocurrencies, Ethereum failed to make gains after the updates on Constantinople hard fork which is expected to bring many advances to the network.

Currently, ETH/USD is hovering around $84 which is the lowest reached point since May 2017.