Bitcoin Cash ABC Cryptocurrency is currently on bullish momentum by 31.65% in the last 6 hours. At 04:41 EST on Tuesday, 11 May, Bitcoin Cash ABC is at $47.25.
Bitcoin Cash ABC’s last week, last month’s, and last quarter’s current volatility was 39.53%, 39.53%, and 39.53%, respectively.
Bitcoin Cash ABC’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 39.53% (last week), 39.53% (last month), and 39.53% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitcoin Cash ABC’s crypto is considered to be overbought (>=80).
News about Bitcoin
Canadian issuer is making its Bitcoin ETF carbon-neutral. According to Bloomberg Quint on Monday, 10 May, “This is something that is, in my view, very important — it’s going to be with us for a long time — and so we need to figure out a way to ensure that Bitcoin can scale and reach its potential in a sustainable way,” Tapscott said by phone.”, “Ninepoint Partners LP is seeking to lessen apprehension about the energy usage of Bitcoin by dedicating a portion of its crypto ETF’s management fee to offset the fund’s carbon footprint.”
Cboe files to list fidelity Bitcoin ETF amid regulatory test. According to Bloomberg Quint on Tuesday, 11 May, “Cboe proposed Monday in a filing with the U.S. Securities and Exchange Commission to list Fidelity’s Wise Origin Bitcoin Trust, saying concerns about potential manipulation of a Bitcoin exchange-traded product have been “sufficiently mitigated.”, “Cboe has already petitioned for the approval of vehicles such as a VanEck Bitcoin fund, one of a number of Bitcoin ETFs seeking the green light from officials. “
Bitcoin ETF approval odds grow longer after gensler critique. According to Bloomberg Quint on Monday, 10 May, “Efforts have been underway for nearly a decade to get a Bitcoin ETF launched stateside. “, “SEC concerns over fraud and manipulation in the Bitcoin spot market have been the primary roadblock for a Bitcoin ETF approval,” said Nate Geraci, president of the ETF Store, an advisory firm. “
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