Bitcoin Cash Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash's (CRYPTO: BCH) price has decreased by 3.03% over the past 24 hours to $241.44, contrary to its performance over the past week where it experienced an up-trend of 2.0%. The trading volume for the coin has increased by 22.0% over the past week, while the overall circulating supply of the coin has decreased by 0.37%. The current market cap ranking for BCH is #17 at $4.71 billion.
August 04, 2023 | 9:21 am
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Bitcoin Cash's price has decreased by 3.03% over the past 24 hours, despite a weekly uptrend of 2.0%. The trading volume has increased by 22.0% over the past week.
The decrease in Bitcoin Cash's price over the past 24 hours, despite a weekly uptrend, indicates a potential short-term bearish trend. The increase in trading volume could suggest heightened interest, but the decrease in circulating supply could limit upward price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100