Bitcoin Cash USD On Bearish Momentum: 7.24% Down In The Last 24 Hours

Bitcoin Cash USD is currently on bearish momentum. At 04:03 EST on Sunday, 7 February, Bitcoin Cash USD is at $455.41 and down by 7.24% in the last 24 hours.

Bitcoin Cash USD Range

Over the last six hours, Bitcoin Cash USD’s higher value was $455.99 and the lower value was $445.50.

Over the last twelve hours, Bitcoin Cash USD’s higher value was $463.31 and the lower value was $445.50.

In relation to Bitcoin Cash USD’s daily highs and lows, it’s 2.224% up from its trailing 24-hour low of $445.50 and 6.755% down from its trailing 24-hour high of $488.40.

In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 227.115% up from its 52-week low and 27.69% down from its 52-week high.

Volatility

Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 2.50%, 4.14%, and 5.69%, respectively.

Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 9.71%, 7.93%, and 12.13%, respectively.

News about Bitcoin

Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, “Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his company’s World Now global conference that he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”

Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, “A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp.”

Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “Subscriber numbers have skyrocketed in the retail-trading craze as individuals rushed to strike it rich in everything from Tesla Inc. to Bitcoin and GameStop Corp. Bitcoin investors on its platform have more than doubled over the past year and the average age is 35, eToro said.”, “Women make up only 15% of Bitcoin traders, according to a brokerage study that shows how stark the gender disparity is in the world of cryptocurrencies.”

According to Business Insider on Friday, 5 February, “The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. “