The market capitalization of the crypto-currency fell below 280 billion.

Most of the world’s major crypto-currencies continue to decline amid continued fears over tightening of the trade in crypto currency, as well as in connection with the ban on advertising digital currencies on the part of Google, Facebook and Twitter. Also, there was a message that the OKEx exchange, which is in high demand with users, removes all the trading pairs with Bitcoin Cash (BCH) from the listing. In the course of today’s trading, the price of the crypto currency decreased by more than 17%, approaching minimum of 2018, at the mark of 701.00.

Fig.1 BCH/USD. The current price is $ 737,030.

The price of the classic Bitcoin also did not stand aside and went down after Bitcoin Cash (BCH), losing about 8.0% of the positions.

Technical analysis: Bitcoin’s price continues to move in a short-term downtrend, approaching a significant support level at 7,300.00. In case of further price reduction and consolidation below the level of 7,300.00, one should expect its further decrease to the level of 7,000.00, 6,600.00. The nearest levels of resistance are 7 900,00, 8 200,00.

Fig.2 BTC/USD. The current price is $ 7,401,880.

Alexander Sivtsov