Bitcoin Cash Rises More Than 21% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (CRYPTO: BCH) has seen a significant increase in its price, rising by 21.75% in the last 24 hours to $295.27. Over the past week, BCH has surged by over 106.0%, moving from $144.07 to its current price. The trading volume for the coin has also risen by 830.0% over the past week, while the circulating supply has decreased by 0.29% to 19.44 million, which is 92.55% of its max supply of 21.00 million. BCH's current market cap ranking is #15 at $5.72 billion.
June 30, 2023 | 3:00 pm
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Bitcoin Cash (BCH) has seen a significant increase in its price and trading volume over the past week, indicating a strong bullish trend.
The significant increase in both the price and trading volume of Bitcoin Cash (BCH) over the past week indicates a strong bullish trend. The decrease in circulating supply could also contribute to the price increase due to the basic economic principle of supply and demand. As the supply decreases and demand increases, the price tends to rise.
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