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Bitcoin Cash ABC Cryptocurrency Falls By 7% In The Last 6 Hours

1 month ago
in Cash
2 min read
Bitcoin Cash ABC (bcha-usd) Cryptocurrency Bearish Momentum With A 31% Slide In The
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Bitcoin Cash ABC (BCHA-USD) Cryptocurrency is currently on bearish momentum by 7.41% in the last 6 hours. At 01:40 EST on Monday, 21 June, Bitcoin Cash ABC (BCHA-USD) is at $20.65.

Volume

Today’s last reported volume for Bitcoin Cash ABC is 10866401 which is 41.66% below its average volume of 18626740.28.

All TIme High and Low

Bitcoin Cash ABC’s current value is at $20.65 which is 63.96% below its all time high of $57.59 at Monday, 10 May.

Bitcoin Cash ABC’s current value is at $20.65 which is 125.35% above its all time low of $57.59 at Sunday, 15 November.

Market Cap and Supply

Bitcoin Cash ABC’s current market cap is at 388194006

Volatility

Bitcoin Cash ABC’s last week, last month’s, and last quarter’s current volatility was 1.92%, 0.59%, and 10.83%, 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 6.48% (last week), 11.71% (last month), and 10.83% (last quarter), respectively.

News about Bitcoin

Bitcoin drops as hashrate declines with China mining crackdown. According to Bloomberg Quint on Sunday, 20 June, “According to a report in the Communist Party-backed Global Times, the closure of many Bitcoin mines in the province has resulted in more than 90% of China’s Bitcoin mining capacity being shuttered.”, “About 65% of the world’s Bitcoin mining took place in China as of April 2020, according to an estimate by the University of Cambridge.”

Ai-driven hedge fund rules out Bitcoin for lack of ‘fundamentals’. According to Bloomberg Quint on Friday, 18 June, “And the International Monetary Fund has warned that El Salvador’s decision to adopt Bitcoin as legal tender “raises a number of macroeconomic, financial and legal issues that require very careful analysis.”, “Meanwhile, Bank of America Corp. research shows that Bitcoin is about four times as volatile as the Brazilian real and Turkish lira. “

Novogratz’s galaxy provides liquidity on goldman Bitcoin futures. According to Bloomberg Quint on Friday, 18 June, “The digital-asset firm started by billionaire investor Michael Novogratz, a former Goldman partner, will provide futures block liquidity on CME Group Inc. for the Bitcoin cash-settled products, according to a statement. “, “Despite recent market volatility, with Bitcoin still down about 40% since an all-time-high in mid-April, Galaxy is seeing as many inbound calls, he said.”

Forget Bitcoin. become a millionaire this way. According to The Motley Fool on Sunday, 20 June, “And if you’re thinking of adding digital coins to your portfolio, you may have your eye on Bitcoin (CRYPTO:BTC) specifically.”, “Because Bitcoin has only been around for a little more than a decade, we don’t know what sort of staying power it has.”

More news about Bitcoin Cash ABC (BCHA-USD).



Read more:Bitcoin Cash ABC Cryptocurrency Falls By 7% In The Last 6 Hours

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