Bitcoin Cash USD is currently on bearish momentum. At 23:13 EST on Tuesday, 19 January, Bitcoin Cash USD is at $499.05 and down by 5.25% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $525.25 and the lower value was $499.05.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $537.04 and the lower value was $499.05.
Concerning Bitcoin Cash USD’s daily highs, it’s 7.074% down from its trailing 24-hour high of $537.04
In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 258.461% up from its 52-week low and 20.761% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 0.13%, 1.90%, and 2.51%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 8.59%, 10.54%, and 13.79%, respectively.
News about Bitcoin
Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, "The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for such a breakout to occur," the strategists wrote in a note on Friday.", "The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added."
A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, "A record $3.7 billion worth of Bitcoin options are set to expire on January 29, as speculation ramps up following the recent volatility in the cryptocurrency’s price and growth in interest in its derivatives.", "Deribit – the exchange that currently facilitates the most Bitcoin options trading – began offering the products in 2018. "
Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, "CoinShares, a St. Helier, Jersey-based asset manager, is launching an exchange-traded Bitcoin product amid a fierce rally for the world’s largest digital currency.", "It launched a regulated Bitcoin investment vehicle in 2015, when the coin traded around $400."
JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, "Why It Matters: Bitcoin hit an all-time high of $41,962.36 earlier this month in a rally that left even some ardent supporters dizzy.", "The investors who tend to follow market trends "could propagate the past week’s correction" and "momentum signals will naturally decay from here up till the end of March" if Bitcoin does not cross the $40,000 mark in the coming weeks, the analysts reportedly said."
Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, "Nowadays, features are everything and the trading platform Bitcoin Profit contains significant features that help to distinguish itself from other trading platforms. ", "To put it simply, the Bitcoin Profit is an online and fully automated cryptocurrency trading platform."
Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, "For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street."
A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency's wild rally. According to Business Insider on Tuesday, 19 January, "CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.", "The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. "
Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, "When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers," Deutsche Bank said."
Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, "The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.", "Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling "funny business."