Bitcoin Cash USD is currently on bullish momentum. At 08:09 EST on Monday, 28 December, Bitcoin Cash USD is at $365.49 and up by 3.63% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $368.76 and the lower value was $352.69.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $368.76 and the lower value was $344.08.
Regarding Bitcoin Cash USD’s daily highs and lows, it’s 8.586% up from its trailing 24-hour low of $336.59 and 0.887% down from its trailing 24-hour high of $368.76.
In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 162.527% up from its 52-week low and 25.869% 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, "Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.", "Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion."
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.", "The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, ""What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn’t immediately return a request seeking comment."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.", "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes."