Bitcoin Cash Rises More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (CRYPTO: BCH) has seen a price increase of 8.92% in the last 24 hours, reaching $232.0. This continues its positive trend over the past week, with a 7.0% gain. The trading volume for the coin has climbed 180.0% over the past week, while the overall circulating supply has decreased 0.91%, bringing the circulating supply to 19.53 million. The current market cap ranking for BCH is #17 at $4.47 billion.
October 16, 2023 | 3:00 pm
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Bitcoin Cash's price has increased by 8.92% in the last 24 hours, continuing its positive trend over the past week with a 7.0% gain. The trading volume has climbed 180.0% over the past week.
The increase in Bitcoin Cash's price and trading volume indicates a positive market sentiment towards the cryptocurrency. The decrease in circulating supply could also be contributing to the price increase, as lower supply can lead to higher prices if demand remains constant or increases.
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