Bitcoin Cash Falls More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has fallen 6.78% in the past 24 hours to $464.41, continuing a week-long decline of 11%. Trading volume has decreased by 47% over the past week, and the circulating supply has slightly fallen. BCH's market cap is currently $9.16 billion, ranking it #18.
May 28, 2024 | 3:01 pm
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NEGATIVE IMPACT
Bitcoin Cash (BCH) has experienced a significant price drop of 6.78% in the past 24 hours, continuing a week-long decline of 11%. Trading volume has also decreased by 47%, indicating reduced market activity.
The significant price drop and reduced trading volume indicate a bearish trend for Bitcoin Cash in the short term. Investors may react negatively, leading to further price declines.
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