Bitcoin Cash's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash's (CRYPTO: BCH) price has increased 3.9% over the past 24 hours to $278.76, despite a 8.0% loss over the past week. The trading volume for the coin has fallen 33.0% over the past week, while the circulating supply has increased 0.19% to 19.44 million, making up an estimated 92.59% of its max supply of 21.00 million. The current market cap ranking for BCH is #15 at $5.39 billion.
July 10, 2023 | 3:00 pm
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Bitcoin Cash's price has increased 3.9% over the past 24 hours, despite a 8.0% loss over the past week. The trading volume has fallen 33.0% over the past week, while the circulating supply has increased 0.19%.
The increase in Bitcoin Cash's price over the past 24 hours, despite a loss over the past week, indicates a potential short-term bullish trend. However, the decrease in trading volume could suggest less investor interest, which may impact the price stability. The increase in circulating supply could put downward pressure on the price if demand does not keep up.
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