Bitcoin Cash USD is currently on bearish momentum. At 08:10 EST on Tuesday, 26 January, Bitcoin Cash USD is at $424.85 and down by 8.46% in the last 24 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $433.76 and the lower value was $424.85.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $437.91 and the lower value was $424.85.
In relation to Bitcoin Cash USD’s daily highs, it’s 7.802% down from its trailing 24-hour high of $460.80
Regarding Bitcoin Cash USD’s yearly highs and lows, it’s 205.164% up from its 52-week low and 32.542% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was a negative 1.45%, a negative 2.54%, and a positive 2.21%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 7.29%, 10.37%, and 13.38%, respectively.
News about Bitcoin
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, "According to local media, state-owned electricity firm Tavanir shut down a large Iranian-Chinese Bitcoin farm amid the power outages.", "The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness."
According to Business Insider on Saturday, 23 January, "And this was a Bitcoin OTC name that has been consolidating for months.", "To demonstrate how he approaches swing trading, Hasson lays out his recent Bitcoin OTC trade on the podcast."
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, "The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace."
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," the strategists said. ", "The pace of flows into the $20 billion Grayscale Bitcoin Trust "appears to have peaked" based on four-week rolling averages, JPMorgan strategists led by Nikolaos Panigirtzoglou said in a note Friday. "
80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, "This includes numerous governments, financial institutions, and early Bitcoin investors/miners.", "Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older)."
Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, "The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.", "After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S."
Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, "Although the premium on the more than $20 billion Grayscale Bitcoin Trust (GBTC) has declined, other funds face soaring markups as retail investors clamor for crypto exposure.", "The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. "
Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, "Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.", "It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. "
According to Business Insider on Tuesday, 26 January, "Of the two, the Roth version might have an edge, says Bogner, especially "if you are of the mindset that Bitcoin is going to explode" in price in the future. "
Bitcoin seen topping $50,000 long term as it vies with gold. According to Bloomberg Quint on Tuesday, 26 January, "Predicting a price for Bitcoin is challenging but it’s likely to rise longer term as funds and family offices assign 0.5% or 1% of their portfolios to it, Long added.", "We’re talking about Bitcoin over the next three, five, 10 years slowly inching away at gold’s market capitalization," Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore, said in an online question and answer session with Bloomberg Tuesday. "
Is Bitcoin mining worth the cost?. According to Bloomberg Quint on Tuesday, 26 January, "Instead cryptois regularly lumpedinwith energy-transition trades such asTesla Inc.,anothertop retail-investor pick, regardless of the fact thatbuying Bitcoin pretty clearlymakes an investment portfolio "less green,"as Barclays Private Bank’s Gerald Moser put it last week.", "Institutional investors diving into Bitcoin -namely hedge funds -areeager to promote its unpredictable price swings as the sign of a new asset class in the making. "