Baselight
Sign In
Anomaly05CRYPTO2026-05-26

Bitcoin Cash falls to 90-day low of $346.76 following broader altcoin market decline

  • Bitcoin Cash has broken below key support levels to establish its lowest daily close in three months.
  • The cryptocurrency fell to $346.76 on May 24, down 25.24% over the last two weeks and representing a 30.14% drawdown from its 90-day high.
  • The decline follows a broader altcoin market crash, though the May 15 Layla network upgrade introduces new smart contract capabilities.

Supporting queries

To surface this insight, Baselight ran 4 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

Closed at $346.759 on May 24, which is the absolute lowest close in the 90-day window. It is down 25.24% from $463.872 on May 10 and 30.14% from $496.379 on Feb 23. Verified by querying BCH-USD daily closes from Feb 23 to May 24, 2026. The decline coincides with a broader altcoin market crash on May 18, 2026, when Bitcoin fell below $77K, triggering widespread liquidations. The Layla network upgrade activated on May 15, 2026, introducing enhanced smart contract capabilities and an Adaptive Blocksize Limit.

Share link

Anyone who has the link will be able to view this.