Bitcoin Cash Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (CRYPTO: BCH) has seen a 3.1% decrease in price over the last 24 hours, now at $477.23, contrasting with a 26.0% increase over the past week. Trading volume and circulating supply have also decreased, with the market cap ranking at #20.
March 26, 2024 | 7:02 pm
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Bitcoin Cash experienced a 3.1% price decrease in the last 24 hours, now at $477.23, after a significant weekly gain. The trading volume and circulating supply have decreased.
The short-term price decrease of Bitcoin Cash, despite its recent gains, suggests a potential correction or volatility in the market. The decrease in trading volume and circulating supply could indicate less market activity or liquidity, potentially impacting the price negatively in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100