Bitcoin Cash USD is currently on bullish momentum. At 17:11 EST on Monday, 11 January, Bitcoin Cash USD is at $453.01 and up by 6.63% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $453.01 and the lower value was $424.86.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $509.98 and the lower value was $424.86.
Regarding Bitcoin Cash USD’s daily highs and lows, it’s 6.626% up from its trailing 24-hour low of $424.86 and 24.965% down from its trailing 24-hour high of $603.73.
About Bitcoin Cash USD’s yearly highs and lows, it’s 225.391% up from its 52-week low and 28.071% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 5.17%, 5.72%, and 3.00%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 12.90%, 16.15%, and 11.62%, respectively.
News about Bitcoin
White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, "Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.", "The potential for "upside of historic proportions" suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI."
Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, "Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s "Halftime Report" this week.", "It’s probably going to $100,000, then $150,000, then $200,000." – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices."
According to Business Insider on Saturday, 9 January, "MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. "
I won the race to Bitcoin 40k â¦ and so can you. According to Business Insider on Saturday, 9 January, "The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace."
Darknet drug dealers have been accused of hiding a Bitcoin stash that's now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, "The 391.5873617 Bitcoin was worth about $16 million on Sunday morning, more than 10 times times what it was when it was discovered during a raid in the Ventura, California, in 2019. ", "They added: "The Vendor began selling illegal prescription drugs on the Darknet in approximately 2014 using multiple marketplaces, including Dream, Silk Road, AlphaBay, and Wall Street Market, and from 2014 and thereafter made approximately $250,000 worth of Bitcoin each month from the illegal drug sales."
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, "Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.", "True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. "
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, "That’s because competition from such a vehicle could spark outflows from the Grayscale Bitcoin Trust, the world’s largest traded cryptocurrency fund. ", "A cascade of GBTC outflows and a collapse of its premium would likely have negative near-term implications for Bitcoin given the flow and signaling importance of GBTC," they said Friday."
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, "The correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. ", "Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. "
Cryptocurrency investors could 'lose all their money', UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, "Consumers who invest in cryptocurrencies could well "lose all their money", the UK’s financial regulator has warned, as the volatile Bitcoin price slides back from an all-time high of almost $42,000.", "The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. "
Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. ", "But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. "
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, "The coin’s 20-day moving average has thus far provided a support level throughout its uptrend, though Bitcoin remains overbought, according to the GTI gauge.", "Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, says there are good reasons for believing in Bitcoin but, to him, it’s a question of whether or not it constitutes a good place to allocate capital. "