Bitcoin Cash ABC (BCHA-USD) Cryptocurrency is currently on bullish momentum by 20.25% in the last 7 days. At 04:41 EST on Saturday, 12 June, Bitcoin Cash ABC (BCHA-USD) is at $24.25.
Today’s last reported volume for Bitcoin Cash ABC is 17665232 which is 8.4% below its average volume of 19286226.72.
All TIme High and Low
Bitcoin Cash ABC’s current value is at $24.25 which is 57.73% below its all time high of $57.59 at Monday, 10 May.
Bitcoin Cash ABC’s current value is at $24.25 which is 164.31% 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 456335006
Bitcoin Cash ABC (BCHA-USD) Range
Concerning Bitcoin Cash ABC’s daily highs and lows, it’s 35.17% up from its trailing 7 days low of $17.94 and 9.31% down from its trailing 7 days high of $26.74.
Bitcoin Cash ABC’s last week, last month’s, and last quarter’s current volatility was 6.28%, 0.34%, and 10.58%, 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 12.56% (last week), 14.74% (last month), and 10.58% (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
Futures flash warning for Bitcoin outlook in JPMorgan analysis. According to Bloomberg Quint on Thursday, 10 June, “Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that’s been in place since a collapse from a record of almost $65,000 in April. “, “The June 9 analysis from JPMorgan looked at the 21-day rolling average of the 2nd Bitcoin futures spread over spot prices. “
Is the Bitcoin bear market here? JPMorgan analysts seem to think so. According to FX Empire on Thursday, 10 June, “El Salvador became the first country to officially adopt Bitcoin as a legal tender ad more Latin American countries are looking to make similar moves. “, “According to some analysts, retail investors shifting to altcoins is another sign that the Bitcoin bear market is close.”
Bitcoin ruling roils crypto world seeking regulatory clarity. According to Bloomberg Quint on Thursday, 10 June, “It demonstrates that Bitcoin is now a recognized asset class with risk management parameters for the banks, but these same parameters could be a potential deterrent given the onerous capital requirements that may make it an unpalatable business,” he said. “, “It’s a piece of news that both advocates and critics of Bitcoin will declare as a win. “
El Salvador president says nation adopts Bitcoin as legal tender. According to Bloomberg Quint on Wednesday, 9 June, “The 39-year-old leader has previously said that Bitcoin could boost the economy, help counter El Salvador’s low banking penetration rate and facilitate faster transfers for $6 billion of remittances a year. “, “El Salvador’s central bank President Douglas Rodriguez said in an interview with state TV on Tuesday that Bitcoin is already used in the country and “it’s not something people need to be afraid of,” while adding it won’t replace the U.S. dollar.”
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