Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Crypto traders anticipating market volatility and looking for the best alternative cryptocurrencies may want to consider bitcoin's offshoot, bitcoin cash .
Liquidity refers to the ability of the market to absorb large buy and sell orders at stable prices. The greater the liquidity or market depth, the lower the– the difference between the price a trader expects to pay and the price they actually pay – and the easier it is for large traders to execute big orders.BCH tops the list, with AVAX registering highest liquidity drain.
Bitcoin cash prices fell 23% to $234 in the third quarter, marking a pullback from the second quarter's 145% surge. The 17th largest cryptocurrency by market value can be traded on prominent centralized exchanges like Binance, Coinbase, Bitstamp and institutional-backed crypto exchange EDX Markets.
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