Bitcoin Cash USD is currently on bullish momentum. At 16:05 EST on Saturday, 13 February, Bitcoin Cash USD is at $655.18 and up by 10.18% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $655.18 and the lower value was $594.65.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $655.18 and the lower value was $549.86.
About Bitcoin Cash USD’s daily lows, it’s 19.154% up from its trailing 24-hour low of $549.86
About Bitcoin Cash USD’s yearly highs and lows, it’s 370.608% up from its 52-week low and 1.398% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 9.03%, 5.70%, and 4.85%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 12.39%, 10.31%, and 9.53%, respectively.
News about Bitcoin
Reddit user who leaked Tesla’s Bitcoin investment news was just high. According to Business Insider on Wednesday, 10 February, “A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ:TSLA) investment in Bitcoin (BTC) has confirmed that the information he made public on Jan. 2 was not true, the New York Post reported Tuesday.”, “What Happened: After Tesla made its Bitcoin investment announcement on Monday, attention turned to the Reddit post by the user TSLAInsider made five-weeks prior.”
Why a U.S. Bitcoin ETF could be a real thing in 2021. According to Bloomberg Quint on Wednesday, 10 February, “Industry experts argue that the premiums on trust products would dwindle if a Bitcoin ETF were approved. “, “The Grayscale Bitcoin Trust (ticker GBTC) is physically backed, meaning that it holds Bitcoin. “
Bitcoin declines in the wake of Tesla-inspired euphoria. According to Bloomberg Quint on Wednesday, 10 February, “While Bitcoin is gaining traction among big league financial players like Elon Musk — who announced Monday that Tesla added the token to its balance sheet — Wednesday’s losses underscore the speculative and volatile nature of the coin. “
Bitcoin is red hot. can it ever be green?. According to Bloomberg Quint on Wednesday, 10 February, “And while use of renewable sources for electricity is growing, Bitcoin miners will be competing for green power with other sectors looking to decarbonize, including transportation, heating and industrial processes.”, “China’s share of Bitcoin’s monthly hash-rate was down 10 percentage points to 65% in the second quarter of 2020, compared to the third quarter of 2019, according to the Cambridge Bitcoin Electricity Consumption Index. “
Bitcoin is not ready to go mainstream for these 3 reasons, the world’s largest wealth manager warns. According to Business Insider on Wednesday, 10 February, “Although Tesla might start using Bitcoin as a payment mechanism, this is different from actually pricing products in…