Bitcoin Cash USD is currently on bullish momentum. At 23:06 EST on Tuesday, 23 February, Bitcoin Cash USD is at $546.94 and up by 6.82% in the last 6 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD’s higher value was $546.94 and the lower value was $512.04.

Over the last twelve hours, Bitcoin Cash USD’s higher value was $546.94 and the lower value was $483.44.

About Bitcoin Cash USD’s daily highs and lows, it’s 15.036% up from its trailing 24-hour low of $475.45 and 5.692% down from its trailing 24-hour high of $579.95.

Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 292.86% up from its 52-week low and 13.157% down from its 52-week high.

Volatility

Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 22.83%, 7.06%, and 5.59%, respectively.

Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 51.07%, 18.36%, and 12.25%, respectively.

News about Bitcoin

Bitcoin stocks are possibly the dumbest Bitcoin play. According to Bloomberg Quint on Sunday, 21 February, "But now it’s gone all-in on Bitcoin and this past weekraised around $1 billionthrough a convertible-bond sale for the sole purpose of buying more. ", "It would be akin to buying Bitcoin at $75,019 apiece when it was trading at $49,000, they wrote. "

Raging success of first Bitcoin fund shows who leads ETF market. According to Bloomberg Quint on Sunday, 21 February, "It boggles my mind we still don’t have a Bitcoin ETF in the U.S.," said Geraci at the ETF Store. ", "A day later, Evolve Fund Group’s Bitcoin ETF (EBIT) debuted, but with a less impressive trading volume of about $14.5 million worth of shares."

Tesla is ideally positioned to become the world's most important Bitcoin bank. According to Business Insider on Sunday, 21 February, "The Elon Musk Bank of Bitcoin is officially open for business – and don’t be shocked if business starts to boom."

Bitcoin rally faces potential test from falling market liquidity. According to Bloomberg Quint on Monday, 22 February, "The rally in Bitcoin that took the digital token to a fresh peak over the weekend could face a test from declining liquidity in the market for the largest cryptocurrency.", "Market liquidity is currently much lower for Bitcoin than in gold or the S&P 500, which implies that even small flows can have a large price impact," he wrote in a note on Friday."

Forget Bitcoin or Tesla. muni bonds are the king of costly.. According to Bloomberg Quint on Monday, 22 February, "Believe it or not,the $3.9trillion municipal-bond market and Bitcoin have muchin common.", "It’s certainly fair to argue that Bitcoin isn’t worth more than $50,000, or that shares of Tesla Inc. shouldn’t be trading at more than1,000 times earnings."

Bitcoin ETF sellers in Sweden urged to avoid average consumers. According to Bloomberg Quint on Monday, 22 February, "Exchange-traded crypto-tracking products exist in Europe and a Bitcoin ETF opened in February in Canada. ", "Sweden is home to the largest Bitcoin exchanged-traded product: The $1.7 billion Bitcoin Tracker EUR, which invests in swap contracts to mirror the cryptocurrency’s returns, is listed on the Stockholm Stock Exchange."

Bitcoin pulls back from record as prices give up weekend gains. According to Bloomberg Quint on Monday, 22 February, "In February alone, Bitcoin is up more than 60%, prompting commentary that the run-up is excessive. ", "The world’s largest cryptocurrency has been on a tear this month, propelled by purchases from Tesla Inc. and institutional investors who say Bitcoin is an attractive alternative to gold and the dollar."

Bitcoin declines after musk hints that prices are excessive. According to Bloomberg Quint on Monday, 22 February, "The world’s largest cryptocurrency had been on a tear this month, propelled by purchases from Musk’s Tesla Inc. and institutional investors who say Bitcoin is an attractive alternative to gold and the dollar. ", "Long-time Bitcoin skeptic and now Treasury Secretary Janet Yellen also offered a stark warning, saying at a New York Times conference on Monday that the token is an "extremely inefficient way of conducting transactions."

According to Business Insider on Monday, 22 February, "At this point, our belief is: Bitcoin is not a question of if, but when," Demirors said.", "The size of the Bitcoin market recently shot past $1 trillion as it hit a record high of $58,354. "

Bitcoin plunges 8% as record-shattering rally succumbs to valuation fears. According to Business Insider on Monday, 22 February, "Based on our calculations, we estimate that Tesla so far has made roughly $1 billion of profit over the last month from its Bitcoin investment given the skyrocketing price of Bitcoin, which now tops a trillion of market value," analyst Dan Ives wrote in a note published Saturday."

Bitcoin tanks 10% after Elon Musk says prices seem high. According to CNBC on Monday, 22 February, "Tesla is "on a trajectory to make more from its Bitcoin investments than profits from selling its EV (electric vehicle) cars in all of 2020," Ives estimated in a note published Saturday."

According to MarketWatch on Monday, 22 February, "One major study indicated only a small percentage of Bitcoin transactions are used in illicit transactions, however, and supporters also point out the same is true of the dollar. "

Elon Musk’s Bitcoin tweet hurts Tesla’s own bet in currency. According to Bloomberg Quint on Monday, 22 February, "Elon Musk has upped his Twitter game, sending holders of Bitcoin and Tesla Inc. scrambling during another bout of self-reflection.", "That reflected a total worth of about $2.4 billion on Sunday’s Bitcoin price and of about $2 billion at Monday’s low."

Bitcoin mine operator is said to plot dual listing via U.S. IPO. According to Bloomberg Quint on Monday, 22 February, "Northern Data AG, the operator of the world’s largest Bitcoin mine, is working with Credit Suisse Group AG on plans for a U.S. listing that could raise as much as $500 million, according to people familiar with the matter.", "Led by Chief Executive Officer Aroosh Thillainathan, the firm started as a Bitcoin miner but later shifted to operating the mines on behalf of clients. "

Elon Musk loses $15 billion in a day after Bitcoin warning. According to Bloomberg Quint on Monday, 22 February, "Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether "do seem high." His message — via his favored medium of Twitter — came two weeks after Tesla announced it has added $1.5 billion in Bitcoin to its balance sheet."

According to Business Insider on Tuesday, 23 February, "Bottlepay gained attention previously for allowing users to send small amounts of Bitcoin using social media channels such as Telegram. ", "Launching when Bitcoin is gaining so much interest and publicity can only help increase brand awareness and interest in our product."

Bitcoin retreats after swings highlighted the risk of volatility. According to Bloomberg Quint on Tuesday, 23 February, "A monthly relative-strength index for Bitcoin is "extremely overbought," the company’s chief market strategist Matt Maley wrote in a weekend note.", "In the background are jitters that a global economic recovery from the pandemic will eventually prompt central banks to dial back easy-money policies that helped propel Bitcoin higher. "

Bitcoin tumbles below $50,000 as caution about rally takes hold. According to Bloomberg Quint on Tuesday, 23 February, "In recent tweets, Musk said Bitcoin prices "seem high," having earlier called it a "less dumb" version of cash.", "A monthly relative-strength index for Bitcoin is "extremely overbought," the company’s chief market strategist Matt Maley wrote in a weekend note."

Bitcoin needs a safe space for redditors to play. According to Bloomberg Quint on Tuesday, 23 February, "They include the Bitcoin Tracker exchange-traded note listed in Sweden by XBT Provider AB, nowworth about $2 billion, and an exchange-traded commodity issued by HANetf and listed in Germany that just surpassed $1 billion in assets.", "The ETF market is an ideal playpen for Bitcoin to either thrive as it gains mainstream acceptance, or wither as its critics are proven correct in their skepticism aboutits worth as a store of value or its transactional utility."

Bitcoin is on the verge of a bear market. should you buy in now?. According to MarketWatch on Tuesday, 23 February, "Read: Bitcoin drops further below key $50,000 level after Yellen calls it ‘extremely inefficient’"

Bitcoin bet sparks rally at Japan’s most expensive brokerage. According to Bloomberg Quint on Wednesday, 24 February, "Even after a pullback during a sell-off in Bitcoin in recent days, Monex is the most expensive stock on an index of Japanese securities companies, with a price of more than three times the book value of its assets.", "The soaring price of Bitcoin has spurred trading activity and encouraged more individual investors to jump into the fray."

Bitcoin climbs past $50,000 after backing from ark’s cathie wood. According to Bloomberg Quint on Wednesday, 24 February, "Tesla Inc. Chief Executive Officer Elon Musk in recent tweets said Bitcoin prices "seem high," having earlier called it a "less dumb" version of cash. ", "Treasury Secretary Janet Yellen said Bitcoin is an "extremely inefficient way of conducting transactions."

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