Bitcoin Cash Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (CRYPTO: BCH) has seen a 5.23% increase in price over the past 24 hours, reaching $193.9. This is in contrast to its 11.0% loss over the past week. The coin's trading volume has decreased by 53.0% over the past week, while its circulating supply has increased by 0.13%, bringing the total to 19.48 million. The current market cap ranking for BCH is #19 at $3.77 billion.
August 23, 2023 | 7:00 pm
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POSITIVE IMPACT
Bitcoin Cash has seen a short-term increase in price but a decrease in trading volume. The circulating supply has slightly increased.
The increase in price could attract short-term investors, but the decrease in trading volume indicates a lower market activity. The slight increase in circulating supply could dilute the value of existing coins.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100