Bitcoin Cash ABC Cryptocurrency is currently on bearish momentum by 17.16% in the last 6 hours. At 22:43 EST on Thursday, 22 April, Bitcoin Cash ABC is at $26.75.
Bitcoin Cash ABC’s last week, last month’s, and last quarter’s current volatility was 37.90%, 37.90%, and 37.90%, respectively.
Bitcoin Cash ABC’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 37.90% (last week), 37.90% (last month), and 37.90% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitcoin Cash ABC’s crypto is considered to be overbought (>=80).
News about Bitcoin
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "On Twitter, Dorsey said Bitcoin "incentivizes renewable energy." Musk responded with one word: "True.", "I don’t know how you’d assess the risk profile of a Bitcoin mining operation," said Albert Cheung, head of analysis at BNEF. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."
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