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Bitcoin Cash USD On Bearish Momentum: 8.56% Down In The Last 24 Hours

Via News Editorial Team

December 21, 2020

Bitcoin Cash USD On Bearish Momentum: 8.56% Down In The Last 24 Hours

Bitcoin Cash USD is currently on bearish momentum. At 18:03 EST on Mon 21 Dec, Bitcoin Cash USD is at $320.85 and down by 8.56% in the last 24 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD's higher value was $320.85 and the lower value was $313.44.

Over the last twelve hours, Bitcoin Cash USD's higher value was $326.84 and the lower value was $313.44.

In relation to Bitcoin Cash USD's daily highs and lows, it's 2.364% up from its trailing 24-hour low of $313.44 and 14.383% down from its trailing 24-hour high of $374.75.

Regarding Bitcoin Cash USD's yearly highs and lows, it's 130.463% up from its 52-week low and 34.923% down from its 52-week high.

News about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, "Square does usually charge service and volatility fees for bitcoin transactions (although it doesn't explicitly state what these are on its website), while Swan Bitcoin charges from 0.99% to 2.29% as a percentage of the weekly amount saved.", ""Bitcoin's heightened day-to-day volatility makes this especially true," says Ari Wald."

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week - and shares another digital currency set to become.... According to Business Insider on Sat Dec 19, "Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. ", "Bitcoin's 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said."

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute Bitcoin. ", ""It's absolutely mind-boggling that regulators allow retail investors to access these products, but won't allow a Bitcoin ETF which would easily solve the premium issue.""

Elon Musk inquired on twitter about 'large' Bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet. According to Business Insider on Mon Dec 21, "Before the exchange with Saylor, he tweeted "Bitcoin is my safe word," but then followed up by saying, "Just kidding, who needs a safe word anyway!?"", "Following the Saylor conversation, Musk tweeted: "Bitcoin is almost as bs as fiat money," and then suggested to his followers he's a fan of Dogecoin, a parody cryptocurrency."