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Bitcoin Cash USD On Bullish Momentum: 11.74% Up In The Last 24 Hours

Via News Editorial Team

December 20, 2020

Bitcoin Cash USD On Bullish Momentum: 11.74% Up In The Last 24 Hours

Bitcoin Cash USD is currently on bullish momentum. At 15:03 EST on Sun 20 Dec, Bitcoin Cash USD is at $357.74 and up by 11.74% in the last 24 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD's higher value was $361.82 and the lower value was $353.79.

Over the last twelve hours, Bitcoin Cash USD's higher value was $361.82 and the lower value was $344.67.

In relation to Bitcoin Cash USD's daily highs and lows, it's 14.093% up from its trailing 24-hour low of $313.55 and 1.128% down from its trailing 24-hour high of $361.82.

Concerning Bitcoin Cash USD's yearly highs and lows, it's 156.96% up from its 52-week low and 27.441% down from its 52-week high.

News about Bitcoin

Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "

Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin has surged about 20% this week, breaching $22,000 for the first time and stirring predictions that more gains lie ahead for the world's largest cryptocurrency.", "Others see speculative fervor that will inevitably lead to a bust akin to the meltdown three years ago after a furious Bitcoin rally."

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.", "Bitcoin's 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. "

Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Read more: Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge", "Today, the founder of $820 million Florin Court Capital trades in some 350 alternative markets -- and none have felt as wild, lucrative or cutting-edge as Bitcoin. "

Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,

Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,

Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,

Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "

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, "Bitcoin taxes can be triggered by trading, exchanging, or simply spending the cryptocurrency (if it's increased in value since you bought it). ", "The Grayscale Bitcoin Trust charging an annual management fee of 2%, for example. "

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, ""Ethereum is more flexible than Bitcoin. ", ""The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that's penetrating multiple multi-trillion-dollar markets," he added. "

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "But as Bitcoin's 200% year-to-date rally attracts feverish attention and stokes fears of further missing out on the gains, demand for anything with a crypto wrapper is booming. ", "The premiums showcase "overwhelming investor demand to obtain Bitcoin exposure through means other than direct ownership or via crypto exchanges," said Nate Geraci, president of the ETF Store, an investment advisory firm. "