Bitcoin Cash Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has seen a price decrease of 3.93% in the past 24 hours, continuing a week-long downward trend of 15%. Trading volume has decreased by 27% over the past week, while the circulating supply has increased by 0.46%. BCH's market cap is currently ranked #18 at $8.47 billion.
June 14, 2024 | 3:02 pm
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NEGATIVE IMPACT
Bitcoin Cash (BCH) has experienced a 3.93% price drop in the past 24 hours, continuing a week-long decline of 15%. Trading volume has decreased by 27% over the past week, while the circulating supply has increased by 0.46%.
The significant price drop and decreased trading volume indicate a bearish trend for Bitcoin Cash in the short term. The increase in circulating supply adds to the downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100