Bitcoin Cash USD is currently on bearish momentum. At 04:06 EST on Tue 22 Dec, Bitcoin Cash USD is at $304.79 and down by 12.99% in the last 24 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $316.03 and the lower value was $304.79.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $320.85 and the lower value was $304.79.
In relation to Bitcoin Cash USD’s daily highs, it’s 11.496% down from its trailing 24-hour high of $344.38
In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 118.927% up from its 52-week low and 38.18% down from its 52-week high.
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, ""The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that’s penetrating multiple multi-trillion-dollar markets," he added. ", ""That’s a signal from a well-established financial institution that there’s more to crypto than Bitcoin," he said."
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute Bitcoin. ", "Meanwhile, the premium on the Grayscale Bitcoin Trust (ticker GBTC) swelled to 34% amid the rally."
Elon Musk inquired on twitter about 'large' Bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet. According to Business Insider on Mon Dec 21, "Before the exchange with Saylor, he tweeted "Bitcoin is my safe word," but then followed up by saying, "Just kidding, who needs a safe word anyway!?"", "Following the Saylor conversation, Musk tweeted: "Bitcoin is almost as bs as fiat money," and then suggested to his followers he’s a fan of Dogecoin, a parody cryptocurrency."