Bitcoin Cash USD is currently on bullish momentum. At 03:08 EST on Monday, 28 December, Bitcoin Cash USD is at $352.69 and up by 1.63% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $352.69 and the lower value was $344.08.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $352.69 and the lower value was $336.59.
Regarding Bitcoin Cash USD’s daily highs and lows, it’s 9.66% up from its trailing 24-hour low of $321.62 and 1.648% down from its trailing 24-hour high of $358.60.
About Bitcoin Cash USD’s yearly highs and lows, it’s 153.333% up from its 52-week low and 28.465% down from its 52-week high.
Bitcoin Cash USD’s last day and last week average volatility is a positive 4.75% and a positive 7.96%, respectively. Bitcoin Cash USD’s high and low amplitude percentage in the last week was 12.53%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.", "Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously."
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.", "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, "While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. ", "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, "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.", "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. "