Bitcoin Cash USD is currently on bullish momentum. At 09:08 EST on Wed 16 Dec, Bitcoin Cash USD is at $297.14 and up by 3.39% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $297.14 and the lower value was $285.11.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $297.14 and the lower value was $285.11.
In relation to Bitcoin Cash USD’s daily lows, it’s 4.605% up from its trailing 24-hour low of $284.06
In relation to the Bitcoin Cash USD’s yearly highs and lows, it’s 113.432% up from its 52-week low and 39.732% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "A recent investment in Bitcoin by Massachusetts Mutual Life Insurance Co. highlights the potential for additional institutional demand for the cryptocurrency in coming years, according to JPMorgan Chase & Co.", "”MassMutual’s Bitcoin purchases represent another milestone in the Bitcoin adoption by institutional investors,” the strategists said. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "About 15% of fund managers, with $534 billion under management, surveyed by Bank of America Corp. said Bitcoin is the third-most crowded trade behind being long technology shares and shorting the U.S. dollar. ", "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. "