Bitcoin Cash USD is currently on bearish momentum. At 02:03 EST on Tuesday, 29 December, Bitcoin Cash USD is at $342.92 and down by 6.49% in the last 12 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $354.71 and the lower value was $340.60.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $365.18 and the lower value was $340.60.
In relation to Bitcoin Cash USD’s daily highs and lows, it’s 0.681% up from its trailing 24-hour low of $340.60 and 8.318% down from its trailing 24-hour high of $374.03.
About Bitcoin Cash USD’s yearly highs and lows, it’s 146.315% up from its 52-week low and 30.446% 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, ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. ", "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But for Bitcoin, 2020 has been a marvelous time.", "Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn’t immediately return a request seeking comment."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.", "Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is "relentless.""
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.", "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.""