Bitcoin Cash Down More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin Cash (BCH) has experienced a significant price drop of 9.24% in the past 24 hours, continuing a week-long decline of 18%. Trading volume has increased by 31% over the past week, while the circulating supply has slightly decreased. BCH's market cap is currently ranked #18 at $6.92 billion.
June 24, 2024 | 7:02 pm
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Bitcoin Cash (BCH) has seen a significant price drop of 9.24% in the past 24 hours, continuing a week-long decline of 18%. Trading volume has increased by 31% over the past week, while the circulating supply has slightly decreased. BCH's market cap is currently ranked #18 at $6.92 billion.
The significant price drop of 9.24% in the past 24 hours and a week-long decline of 18% indicate a bearish trend for Bitcoin Cash. The increase in trading volume suggests heightened market activity, but the overall negative price movement is likely to impact investor sentiment negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100