Bitcoin Cash USD is currently on bullish momentum. At 20:05 EST on Tuesday, 29 December, Bitcoin Cash USD is at $362.17 and up by 4.3% in the last 6 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD’s higher value was $362.17 and the lower value was $347.25.

Over the last twelve hours, Bitcoin Cash USD’s higher value was $362.17 and the lower value was $335.11.

Regarding Bitcoin Cash USD’s daily lows, it’s 8.075% up from its trailing 24-hour low of $335.11

Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 160.142% up from its 52-week low and 26.542% down from its 52-week high.

Volatility

Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 7.07%, 1.94%, and 0.90%, respectively.

Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 11.19%, 11.63%, and 8.67%, respectively.

News about Bitcoin

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. ", ""This year’s energy prices were particularly low as Bitcoin prices have increased.""

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, "Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.", "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. "

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.", "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. "

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. ", "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend."

Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, "The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce.", "As bitcoin’s price increases, new bitcoin mining devices become more difficult and expensive to procure. "

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, "All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower."", "Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton."

Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. ", "Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in."

LEAVE A REPLY

Please enter your comment!
Please enter your name here