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The sell-off has entered a second day as major cryptocurrencies experience double-digit percentage falls on Wednesday.
The price of bitcoin cash quadrupled on the GDAX in its first day of trading there last month. Coinbase says there were too many buyers and not enough sellers.
"It's clear by now that the entire crypto market is in a massive retracement," said Mati Greenspan, a senior market analyst at the trading platform eToro.
The drop comes after one of the largest cryptocurrency trading platforms, Coinbase, launched and then suspended trading in bitcoin cash, a spinoff of bitcoin.
Emil Oldenburg, the...
Here’s the full list of digital currencies worth more than $1 billion.
Bitcoin cash is falling on Friday after dropping a spot on the most valuable cryptocurrencies list.
The cryptocurrency is rising after digital wallet provider Bitwalla announced support for the digital currency and exchange Bitstamp revealed plans to trade it.
Tether, the US company behind a cryptocurrency pegged to the dollar, on Tuesday said $31 million had been taken from its main wallet on Sunday.
Cryptocurrency trading volumes reached a record high over the weekend that beats some US stock exchanges
Bitcoin had a wild weekend and that translated into record-breaking volumes.