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Bitcoin Cash USD On Bearish Momentum: 4.97% Down In The Last 6 Hours

Via News Editorial Team

December 21, 2020

Bitcoin Cash USD On Bearish Momentum: 4.97% Down In The Last 6 Hours

Bitcoin Cash USD is currently on bearish momentum. At 04:03 EST on Mon 21 Dec, Bitcoin Cash USD is at $349.25 and down by 4.97% in the last 6 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD's higher value was $368.34 and the lower value was $349.25.

Over the last twelve hours, Bitcoin Cash USD's higher value was $374.75 and the lower value was $346.16.

Regarding Bitcoin Cash USD's daily highs and lows, it's 1.167% up from its trailing 24-hour low of $345.22 and 6.805% down from its trailing 24-hour high of $374.75.

In relation to Bitcoin Cash USD's yearly highs and lows, it's 150.862% up from its 52-week low and 29.163% down from its 52-week high.

News about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, "Bitcoin is a cryptocurrency, a form of private, electronic money whose transactions are validated using cryptography, the science of encrypting and decrypting information. ", ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities."

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, "It's much more institutional than it was in the past and I think that raises the likelihood that we'll see a Bitcoin ETF sooner than later," he said.", ""Ethereum is more flexible than Bitcoin. "

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.", ""But I think some level of premium is justified, and if you want access to Bitcoin, there really aren't better options.""