Bitcoin Cash USD is currently on bearish momentum. At 23:06 EST on Monday, 28 December, Bitcoin Cash USD is at $343.62 and down by 6.36% in the last 12 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $362.09 and the lower value was $343.62.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $367.29 and the lower value was $343.62.
Regarding Bitcoin Cash USD’s daily highs, it’s 8.13% down from its trailing 24-hour high of $374.03
Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 146.818% up from its 52-week low and 30.304% 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. ", ""This year’s energy prices were particularly low as Bitcoin prices have increased.""
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 for Bitcoin, 2020 has been a marvelous time."
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. ", "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay"
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, "Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, "All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower."", "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020"