Bitcoin Cash USD is currently on bearish momentum. At 00:04 EST on Tuesday, 29 December, Bitcoin Cash USD is at $340.60 and down by 6.31% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $362.09 and the lower value was $340.60.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $367.29 and the lower value was $340.60.
In relation to Bitcoin Cash USD’s daily highs, it’s 8.938% down from its trailing 24-hour high of $374.03
About Bitcoin Cash USD’s yearly highs and lows, it’s 144.649% up from its 52-week low and 30.917% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 7.07%, 1.94%, and 0.90%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 11.19%, 11.63%, and 8.67%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. ", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, ""What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. "
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. ", "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes."
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, "At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.", "Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton."