Bitcoin Cash Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has fallen by 3.95% in the past 24 hours to $503.05, despite a 12% increase over the past week. Trading volume has increased by 53% over the past week, with the circulating supply now at 19.71 million.
May 22, 2024 | 3:00 pm
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Bitcoin Cash (BCH) has experienced a 3.95% drop in the past 24 hours, despite a 12% increase over the past week. Trading volume has surged by 53%, indicating heightened market activity.
The recent 3.95% drop in Bitcoin Cash's price, despite a strong weekly performance, suggests short-term bearish sentiment. The significant increase in trading volume indicates heightened market activity, which could lead to further volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100