Bitcoin Cash USD is currently on bullish momentum. At 08:09 EST on Friday, 22 January, Bitcoin Cash USD is at $430.58 and up by 4.18% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $430.58 and the lower value was $413.31.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $430.58 and the lower value was $411.14.
Concerning Bitcoin Cash USD’s daily highs and lows, it’s 5.971% up from its trailing 24-hour low of $406.32 and 4.447% down from its trailing 24-hour high of $450.62.
Regarding Bitcoin Cash USD’s yearly highs and lows, it’s 209.28% up from its 52-week low and 31.632% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was a negative 19.00%, a negative 3.48%, and a positive 2.05%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 22.42%, 11.53%, and 13.87%, respectively.
News about Bitcoin
JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, "What Happened: If the institutional investors fail to take Bitcoin past the breakout mark, the subdued cryptocurrency rally could face a further setback, JPMorgan analysts are suggesting, as reported by Bloomberg.", "Read Next: Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine"
Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, "Nowadays, features are everything and the trading platform Bitcoin Profit contains significant features that help to distinguish itself from other trading platforms. ", "These features are Bitcoin Profit’s accurate and precise performance, its superior technology, responsive trading systems, stop-loss limits and online security. "
Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, "For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street."
A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency's wild rally. According to Business Insider on Tuesday, 19 January, "CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.", "The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. "
Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, "When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers," Deutsche Bank said."
Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, "The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.", "Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling "funny business."
Bitcoin surge built on market exUberance, momentum trading. According to Bloomberg Quint on Wednesday, 20 January, "Since October 2020 — the starting point of the latest Bitcoin cycle — about 60% of returns can be explained by exuberance in the wider market and momentum trading, according to Bloomberg Economics’ structural empirical model which exploits the co-movement of prices for Bitcoin and other assets to determine what factors are driving the ups and downs of the digital currency. "
Bitcoin slides below $35,000 as crypto mania loses momentum. According to Bloomberg Quint on Wednesday, 20 January, "Many cryptocurrency traders are diversifying into other coins in fear that Bitcoin could see another collapse if $41,500 is not reached sometime soon," said Edward Moya, senior market analyst at Oanda Corp.", "The Bitcoin fever is starting to break as worries about a market bubble discourages investors from buying in."
We spoke to crypto platform gemini, which is backed by the winklevoss twins, about Bitcoin, how to use stable coins and why regulation won't kill the boom in digital currencies. According to Business Insider on Wednesday, 20 January, "This week, Deutsche Bank published research that showed market players rated Bitcoin an 8.7 out of 10 on a bubble scale, with 10 being an ‘extreme bubble’.", "For Gemini, Bitcoin no longer carries the "Wild West" trope it did in 2018 and 2019, after record-high prices collapsed and a string of scandals involving various exchanges and high-profile cases of fraud and manipulation tarnished the image of digital tokens."
Bitcoin sinks below $34,000 as sell-off cuts into early-January momentum. According to Business Insider on Wednesday, 20 January, "Flows into the Grayscale Bitcoin Trust and futures contracts can serve as early indicators of whether such support can be reached, he added.", "The software CEO-turned Bitcoin whale explains why he is making such a massive bet on the digital asset."
BlackRock files to add Bitcoin futures to two of its funds. According to Bloomberg Quint on Wednesday, 20 January, "BlackRock Inc. is adding cash-settled Bitcoin futures as an eligible investment to two funds, according to regulatory filings.", "The world’s largest asset manager filed updated prospectuses for two funds on Wednesday with the U.S. Securities and Exchange Commission that included cash-settled Bitcoin futures among the assets they can buy."
Bitcoin falters for a second day, slides below technical level. According to Bloomberg Quint on Thursday, 21 January, "That drop did, however, precede a seven-week run that helped propel Bitcoin into its current bull rally."
Bitcoin losses gather pace, with prices nearing three-week low. According to Bloomberg Quint on Thursday, 21 January, "On Wednesday, BlackRock Inc. filed paperwork to add Bitcoin futures as an eligible investment in two funds, the first time the money manager is offering clients exposure to cryptocurrency."
It looks like wall street is running Bitcoin, at least for now. According to Bloomberg Quint on Thursday, 21 January, "(The idea is that Bitcoin could be inflation-proof, because it’s designed to have a limited supply.) ", "Wall Streeters’ interest in Bitcoin may say as much about their professional incentives as the investment case. "
Bitcoin is no market hedge, JPMorgan strategists say. According to Bloomberg Quint on Thursday, 21 January, "In early January, Normand’s colleague at JPMorgan, Nikolaos Panigirtzoglou suggested Bitcoin could hit $146,000 in the long run as it draws cash from investors who would have previously bought gold.", "But in the recent run-up, the dynamics have changed and Bitcoin is moving more in lockstep with traditional cyclical markets."
Bitcoin plunge has newbies scrambling to google double-spend. According to Bloomberg Quint on Thursday, 21 January, "The Bitcoin blockchain is operating exactly as designed, and has been operating exactly as designed for 12 years," said Andreas Antonopoulos, an expert in Bitcoin and open blockchain technologies. ", "In the case of the blockchain — or the software that underlies Bitcoin and other cryptocurrencies — the transaction in question would be excluded from the final tally on the digital ledger."
Mercado Bitcoin receives contribution led by GP investimentos and parallax ventures who will invest BRL 200 million in 2021. According to Business Insider on Thursday, 21 January, "Last year, Mercado Bitcoin also doubled in size, going from 100 people on the team to more than 200 people, and launched the world’s first token linked to soccer, the Vasco Token. ", "Our long-term purpose is to participate in the construction of a new infrastructure for the financial market (IMF), based on blockchain, smartcontracts and crypto assets", explains Reinaldo Rabelo, CEO of Mercado Bitcoin ."
Bitcoin drops close to $30,000 mark as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, "Grayscale Investments, which is behind a popular Bitcoin trust, saw total inflows of more than $3 billion across its products in the fourth quarter. ", "This level looks very vulnerable and a break below it is bad news in the near-term for Bitcoin and cryptos in general," Craig Erlam, senior market analyst at Oanda Europe, wrote in a note Thursday. "
Bitcoin drops below $30,000 level as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, "This level looks very vulnerable and a break below it is bad news in the near-term for Bitcoin and cryptos in general," Craig Erlam, senior market analyst at Oanda Europe, wrote in a note Thursday. ", "The crypto boom has proved controversial, cheered on the one hand by believers who see Bitcoin becoming a more mainstream investment, but decried by others that see little more than speculative mania."
Why this analyst is cautioning Bitcoin investors to have A 'very strong stomach' amid plunge. According to Business Insider on Friday, 22 January, "Price Action: Bitcoin traded 11.3% lower at $30,712.41 at press time on Thursday.", "What Happened: Miller Tabak chief market strategist Matt Maley told CNBC on Thursday that regulatory risks and pullback from the near 200% surge this year mean Bitcoin could see a further drop in the short-term."