Bitcoin Cash USD is currently on bearish momentum. At 22:04 EST on Mon 21 Dec, Bitcoin Cash USD is at $311.79 and down by 17.59% in the last 24 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $320.85 and the lower value was $307.75.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $324.60 and the lower value was $307.75.
In relation to Bitcoin Cash USD’s daily highs and lows, it’s 1.313% up from its trailing 24-hour low of $307.75 and 15.353% down from its trailing 24-hour high of $368.34.
Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 123.955% up from its 52-week low and 36.76% 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, "Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things," he said. ", "Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. "
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost.", "A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin’s price is $22,800 per coin. "
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."