It’s a bloodbath out there with a bunch of cryptos barely staying afloat in a sea of red. Out of the top ten cryptos, Bitcoin (available on Coinbase) Cash (BCH) and Litecoin (available on Coinbase) (LTC) are suffering the most, experiencing major losses.

The crypto market has had a rough start to the week. What began as a few coins being down led to the majority yesterday being down and more joining the dumps as the day went on. Now, all but three coins within the top 100 tokens are down in what looks to be a major crypto selloff.

What’s causing the widespread panic?

The answer might lie with Bitcoin (available on Coinbase). Bitcoin (available on Coinbase) is still the biggest crypto player out there, with a 39.6% market domination. Bitcoin (available on Coinbase) itself has dropped today by 9.24%. With Bitcoin (available on Coinbase) being as big as it is, crypto investors who notice Bitcoin (available on Coinbase) going down may panic and start to sell off their other crypto assets. This just goes to show how linked togETHer everything in the crypto sphere is, whETHer we want it to be or not.

Bitcoin (available on Coinbase) Cash (BCH)

Bitcoin (available on Coinbase) Cash is the biggest loser right now out of the top ten cryptocurrencies. BCH is currently selling for $1,299.79, which puts the token down 14.49% in the past 24 hours.

Source: CoinMarketCapAfter trading in the $1,500 range for a few hours, Bitcoin (available on Coinbase) Cash starting decreasing fast and is now nearly at it’s lowest point yet in the last 24 hours.

The likely reason behind BCH’s sudden drop off is probably due to the fact that Bitcoin (available on Coinbase) transaction fees have dropped below those of Bitcoin (available on Coinbase) Cash.

One of the major advantages of switching to Bitcoin (available on Coinbase)’s fork BCH is that Bitcoin (available on Coinbase) Cash did have much lower transactions fees. Now that that’s no longer the case, many traders look to be turning to the original crypto.