Bitcoin Cash USD is currently on bearish momentum. At 06:06 EST on Tuesday, 9 February, Bitcoin Cash USD is at $476.49 and down by 4.64% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $500.82 and the lower value was $476.49.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $500.82 and the lower value was $476.49.
In relation to Bitcoin Cash USD’s daily highs and lows, it’s 5.19% up from its trailing 24-hour low of $452.98 and 4.858% down from its trailing 24-hour high of $500.82.
Concerning Bitcoin Cash USD’s yearly highs and lows, it’s 242.257% up from its 52-week low and 24.343% down from its 52-week high.
Volatility
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 8.66%, 4.73%, and 5.00%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 11.16%, 7.80%, and 11.06%, respectively.
News about Bitcoin
Bill miller to allow opportunity fund to buy into Bitcoin trust. According to Bloomberg Quint on Monday, 8 February, “Miller’s fund would be prohibited from additional investing in the Grayscale trust if its aggregate Bitcoin exposure tops 15%.”, “Famed fund manager Bill Miller extended his endorsement of Bitcoin by reserving the right for one of his portfolios to indirectly invest in the largest cryptocurrency.”
Bitcoin finds new momentum with prices approaching $40,000. According to Bloomberg Quint on Monday, 8 February, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”, “After a brief dip this month, Bitcoin is climbing once again as enthusiasts tout the digital asset as a hedge against inflation and store of value in a world awash with stimulus and rampant central-bank money printing.”
Bitcoin surges above $42,000 after Tesla discloses investment. According to Bloomberg Quint on Monday, 8 February, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”
Tesla bets big on Bitcoin, plans to accept cryptocurrency. According to Bloomberg Quint on Monday, 8 February, “Tesla Inc. invested $1.5 billion in Bitcoin and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a new record after the vote of confidence from the electric-car market leader.”, “The Palo Alto, California-based manufacturer said in a filing Monday it made the bet on Bitcoin after updating its investment policy last month to allow the company to invest in digital assets as well as gold bullion and gold exchange-traded funds.”
Tesla trails only microstrategy in treasury Bitcoin allocation. According to Bloomberg Quint on Monday, 8 February, “No other publicly-traded corporation tracked by the website holds more than $720 million of Bitcoin in its coffers.”, “Tesla Inc.’s announcement that it invested $1.5 billion in Bitcoin has made the electric automaker the second largest publicly-traded corporate holder of the digital currency, according to data from bitcointreasuries.org.”
Crypto stocks rally with Tesla pushing Bitcoin above $44,000. According to Bloomberg Quint on Monday, 8 February, “which is led by Bitcoin advocate Jack Dorsey and which put $50 million in Bitcoin on a crypto “empowerment bet” in October, gained as much as 9.9% to a fresh record.”
Apple should create crypto exchange and buy Bitcoin, says RBC. According to Bloomberg Quint on Monday, 8 February, “This would send even more users to ‘Apple Exchange,’” Steves said, and would likely further boost Bitcoin prices.”, “Notably, Tesla invested $1.5 billion in Bitcoin and indicated its interest in accepting the…
Read More:Bitcoin Cash USD On Bearish Momentum: 4.64% Down In The Last 6 Hours
