Bitcoin Cash USD is currently on bearish momentum. At 06:05 EST on Friday, 26 February, Bitcoin Cash USD is at $486.54 and down by 11.81% in the last 24 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $486.54 and the lower value was $463.73.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $497.31 and the lower value was $463.73.
Concerning Bitcoin Cash USD’s daily highs and lows, it’s 4.919% up from its trailing 24-hour low of $463.73 and 11.142% down from its trailing 24-hour high of $547.55.
In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 249.476% up from its 52-week low and 36.608% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 6.06%, 7.90%, and 5.79%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 11.75%, 19.96%, and 12.59%, respectively.
News about Bitcoin
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 recent tweets, Musk said Bitcoin prices “seem high,” having earlier called it a “less dumb” version of cash.”
Bitcoin tumbles below $50,000 as caution about rally takes hold. According to Bloomberg Quint on Tuesday, 23 February, “In the background are jitters that the global economic recovery from the pandemic will eventually prompt central banks to dial back easy-money policies that helped propel Bitcoin higher. “, “A pullback in Bitcoin shouldn’t be surprising “given the current overleveraged long positions on mainstream coins,” said Annabelle Huang, a partner at Amber Group, a crypto financial-services firm.”
Bitcoin needs a safe space for redditors to play. According to Bloomberg Quint on Tuesday, 23 February, “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.”, “With Bitcoin almost doubling this year to trade well above $50,000 in recent days, regulators are understandably reluctant to be perceived to be legitimizingone of the most volatile securitiesthe world has ever seen. “
Bitcoin is on the verge of a bear market. should you buy in now?. According to MarketWatch on Tuesday, 23 February, “Read: Bitcoin drops…