Bitcoin Cash USD is currently on bullish momentum. At 09:03 EST on Sun 20 Dec, Bitcoin Cash USD is at $361.44 and up by 4.87% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $361.44 and the lower value was $344.67.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $361.44 and the lower value was $313.55.
Regarding Bitcoin Cash USD’s daily lows, it’s 15.273% up from its trailing 24-hour low of $313.55
Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 159.618% up from its 52-week low and 26.69% 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, ""The lowest-ever Bitcoin annual volatility measure versus gold and the stock market near the end of 2020 may sustain the crypto’s performance advantage in 2021," said Bloomberg Intelligence strategist Mike McGlone in a report. ", "Bitcoin’s scarcity combined with "rampant money printing" by the Federal Reserve mean the digital token should eventually climb to about $400,000, Scott Minerd, the chief investment officer at Guggenheim, said on Bloomberg TV on Wednesday."
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "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. ", "Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Fragmented liquidity and a top-to-bottom trading range of more than 500% this year are proving both a friend and foe to exotic quants seeking to exploit the crypto Wild West — without getting killed by Bitcoin’s famous volatility.", "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). ", "Square does usually charge service and volatility fees for bitcoin transactions (although it doesn’t explicitly state what these are on its website), while Swan Bitcoin charges from 0.99% to 2.29% as a percentage of the weekly amount saved."
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, ""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. ", "Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. "
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Meanwhile, the premium on the Grayscale Bitcoin Trust (ticker GBTC) swelled to 34% amid the rally.", "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. "