The Bitcoin Cash price (BCH) selloff intensified over the last two days amid the broader market selloff. The fourth largest coin slumped 12% early today to the lowest level in the previous month. The BCH coin price is down $800 from May 6 where it reached $1,800.

Although the Bitcoin Cash network achieved a number of milestones in the last couple of months, the coin price hasn’t been responding to those developments.

The experts, however, explain that cryptocurrency market movements are always based on traders mood and emotions instead of underlying developments ...