Bitcoin Cash USD is currently on bullish momentum. At 13:03 EST on Sunday, 21 February, Bitcoin Cash USD is at $722.19 and up by 5.55% in the last 6 hours.
Bitcoin Cash USD Range
Over the last six hours, Bitcoin Cash USD’s higher value was $730.17 and the lower value was $684.24.
Over the last twelve hours, Bitcoin Cash USD’s higher value was $730.17 and the lower value was $675.12.
In relation to Bitcoin Cash USD’s daily highs and lows, it’s 7.339% up from its trailing 24-hour low of $672.81 and 1.093% down from its trailing 24-hour high of $730.17.
In relation to Bitcoin Cash USD’s yearly highs and lows, it’s 418.74% up from its 52-week low and 1.6% down from its 52-week high.
Bitcoin Cash USD’s last day, last week, and last month’s average volatility was 5.66%, 3.15%, and 4.61%, respectively.
Bitcoin Cash USD’s last day, last week, and last month’s high and low average amplitude percentage was 17.44%, 12.18%, and 10.05%, respectively.
News about Bitcoin
Jeffrey gundlach says Bitcoin May be a better bet than gold. According to Bloomberg Quint on Thursday, 18 February, “DoubleLine Capital LP chief and long-time gold bull Jeffrey Gundlach has changed his mind on the metal and considers Bitcoin a better trade.”, “Gundlach’s comments are another sign the investment case for Bitcoin is winning over institutional money managers and possibly siphoning cash from the gold market. “
First Bitcoin ETF in north america is launching in Canada. According to Bloomberg Quint on Thursday, 18 February, “While Europe boasts several “physically backed” Bitcoin exchange-traded products that effectively function just like an ETF, BTCC is the first to carry the ETF designation and the first vehicle of its kind in North America. “, “No Bitcoin or crypto ETFs have managed to win approval in the U.S. yet, though VanEck Associates Corp. and Bitwise Asset Management have filings pending.”
Bitcoin ETF roars in debut with $80 million of first-hour trades. According to Bloomberg Quint on Thursday, 18 February, “It’s the first product ever for Bitcoin that’s officially labeled an exchange-traded fund, although Europe has several “physically backed” Bitcoin products that function like an ETF.”, “North America’s first Bitcoin ETF got off to a stellar start in its first day of trading, with investors exchanging $80 million worth of shares in the first hour.”
Long Bitcoin and short Tesla? here’s why Elon Musk ‘essentially’ made that case. According to Business Insider on Thursday, 18 February, “Since Tesla’s bitcoin investment was announced, Tesla shares are down 9.1% while the Grayscale Bitcoin Trust (OTC:GBTC) is up 13.8%.”, “Colas said Tesla buying Bitcoin adds no value to Tesla because investors could easily buy a two-security portfolio of Tesla and bitcoin before the investment.”
Musk defends Tesla Bitcoin move, says token less dumb than cash. According to Bloomberg Quint on Friday, 19 February, “Binance is raking in new users at its fastest pace ever as Bitcoin tops $50,000. “, “Elon Musk called Tesla Inc.’s $1.5 billion Bitcoin bet an “adventurous enough” investment for the company, after one of the industry’s loudest acolytes called out the billionaire’s advocacy of lesser-known Dogecoin.”
Bitcoin nears $1 trillion value as crypto jump tops other assets. According to Bloomberg Quint on Friday, 19 February, “The Bloomberg Galaxy Crypto Index, which includes Bitcoin and four other coins, has more than doubled.”, “If companies’ fundamentals are going to become closely tied to movements in Bitcoin because they’ve suddenly become speculators on the side, we’re going to be in bubble territory before you know it,” said Craig Erlam, senior market analyst with Oanda Europe Ltd.”
Bitcoin hits $1 trillion value as crypto jump tops other assets. According to Bloomberg Quint on Friday, 19 February, “The Bloomberg Galaxy Crypto Index,…